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1235 Richmond Street #1606

London East, N6A 0C1·MLS® X13439336·

Listing courtesy of Sutton Group - Select Realty·Updated 15 hours ago

For sale
1 / 41
2Beds
2Baths
900-999Sqft
11-15Year Built

Listing price

$479,900

Est. $2,286/mo

Days on market

2

Listed Jun 12, 2026

Description

Priced well below recent sales! This is the larger 2 bed layout that offers a full bathtub in the primary ensuite (not just a shower stall) and comes with 1 owned parking space in the security controlled garage. Amazing 16th floor views overlooking parkland and Richmond Street. Freshly painted and cleaned - move-in condition! All furniture, TV and window coverings included. Condo fee is $567/mth which includes heat, water and all building amenities - fitness & yoga studio, 40 seat theatre (available to rent), rooftop terrace, business lounge, games room, pool tables, ping pong table, tanning spa, sauna, hot tub, study pods, 24hr laundry room and 24 hr concierge. his building has all a student could ask for and more and it's as close to campus as you can get! Property Tax is $3554/yr.

Property details

Garage

1 car Underground

Basement

None

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Forced Air

AI property estimate

$494,777Above Market
$465,983$523,571

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Stoneybrook

London East, ON

Established subdivision east of Masonville surrounded by the Stoney Creek Valley.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,286
Property tax$520
Insurance (est.)$100
Utilities (est.)$250
Total monthly$3,156

Land transfer tax

Ontario LTT

$6,073

First-time rebate

$4,000

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

Price & listing history

Jun 12, 2026Listed
$479,900

Sold comparables nearby

607 - 1235 Richmond Street, London EastSold

$485,000

607 - 1235 Richmond Street, London East

2 bd·2 ba·800-899 sqft
614 - 1235 Richmond Street, London EastSold

$487,000

614 - 1235 Richmond Street, London East

2 bd·2 ba·900-999 sqft

See all 10 comparables

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Market conditions · East B

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

$1,920

Rental yield

4.8%

Est. cash flow

-$1,236

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

$118,332

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

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AI estimate

$494,777

Above Market

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