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695 Richmond Street #1603

London East, N6A 5M8·MLS® X13434516·

Listing courtesy of Sutton Group - Select Realty·Updated yesterday

For sale
1 / 22
1Beds
1Baths
900-999Sqft
31-50Year Built

Listing price

$289,900

Est. $1,381/mo

Days on market

3

Listed Jun 11, 2026

Description

1 bedroom + den on the 16th floor with underground parking. This is a big unit, at 942 sq/ft. offers ample living space plus a den and in-suite laundry forced air heat and air conditioning. The heat pump is the main heat source and is included in the condo fee (baseboards are for back-up heat). Hard surface flooring throughout for easy cleaning. Recently renovated pool, sauna, and exercise room. Prime downtown location, steps from a grocery store and bus service at your front door for quick access to the university campus. This is one of a few buildings in the city with 24 hour concierge.

Property details

Garage

1 car Underground

Basement

None

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Baseboard

AI property estimate

$298,887Above Market
$281,493$316,281

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)$1,381
Property tax$314
Insurance (est.)$60
Utilities (est.)$250
Total monthly$2,005

Land transfer tax

Ontario LTT

$2,824

First-time rebate

$2,824

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

Price & listing history

Jun 11, 2026Listed
$289,900

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

$1,160

Rental yield

4.8%

Est. cash flow

-$845

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

$75,179

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

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AI estimate

$298,887

Above Market

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