695 Richmond Street #1603
London East, N6A 5M8·MLS® X13434516·
Listing courtesy of Sutton Group - Select Realty·Updated yesterday
Listing price
$289,900
Est. $1,381/mo
Days on market
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
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London East, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly payment estimate
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
Sold comparables nearby
Sold$318,000
802 - 500 Talbot Street, London East
Sold$202,000
2404 - 389 Dundas Street, London East
See all 10 comparables
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Market conditions · East F
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
Affordability
Minimum household income required
$75,179
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$298,887
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