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695 Richmond Street #602

London East, N6A 5M8·MLS® X13419872·

Listing courtesy of Century 21 First Canadian Corp·Updated 3 days ago

For sale
1 / 15
2Beds
2Baths
1,200-1,399Sqft
31-50Year Built

Listing price

$359,900

Est. $1,714/mo

Days on market

5

Listed Jun 9, 2026

Description

Vacant and available immediately. Excellent 2 bedroom 2 bath (1322 sq ft) Castlefield model condo located on London's Richmond Row. Easy access to all the downtown amenities and school bus routes. Building offers concierge, elevators, indoor pool, sauna, underground parking. Large open concept unit with in unit laundry and new wood floors 2025 in living/dining area. Premium location for students or downtown living.

Property details

Garage

1 car Underground

Basement

None

Parking

1 spaces

Type

Condo Apartment — Multi-Level

Heating

Heat Pump

AI property estimate

$371,057Above Market
$349,463$392,651

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Blackfriars

London East, ON

Small historic neighbourhood along the Thames River west of downtown with heritage homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,714
Property tax$390
Insurance (est.)$75
Utilities (est.)$250
Total monthly$2,429

Land transfer tax

Ontario LTT

$3,874

First-time rebate

$3,874

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 9, 2026Listed
$359,900

Sold comparables nearby

802 - 500 Talbot Street, London EastSold

$318,000

802 - 500 Talbot Street, London East

2 bd·2 ba·1,200-1,399 sqft
2404 - 389 Dundas Street, London EastSold

$202,000

2404 - 389 Dundas Street, London East

1 bd·1 ba·600-699 sqft

See all 10 comparables

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Market conditions · East F

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$1,440

Rental yield

4.8%

Est. cash flow

-$989

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$91,088

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$371,057

Above Market

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