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For sale
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$474,900

Estimated value $451K to $499K

Est. $2,225/mo mortgage

2bd·2ba·900-999sqft

1235 Richmond Street #1107 · London, N6A 0C1

MLS® X13496374

136 days on market136 days on market

Listed Jun 21, 2026

Listing courtesy of Exp Realty·Listing last changed Jul 11

Key facts

Property type
Condo apt
Square footage
900-999 sqft
Storeys
11
Property tax
$3,655/yr (2026)

Description

Welcome to Luxe London. An ideal turnkey investment opportunity featuring one of larger 900+ sqft , 2 bedroom, 2 Bath fully furnished units that offer stunning park views within walking distance to Western University. This guaranteed rental managed by Craft Property management ensures that you enjoy the increasing equity with none of the worries and no vacant units at any time. Just leased for $2650 from May 2026 till April 2027. The suite boasts a gourmet granite kitchen, floor-to-ceiling windows, and inclusive condo fees (heat, water, and AC).

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Property details

Interior

Size
900-999 sqft
Rooms
6 rooms
Bathrooms
2 × 3-piece on Flat
Basement
None
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Condo apt, Apartment
Exterior
Concrete, Brick
Storeys
11
Exposure
East

Parking

Locker
None

Fees & taxes

Condo fee
$567/mo
Fee includes
heat, water
Pets
No
Property tax
$3,655/yr (2026)
Corporation
MSCP 854
Managed by
Craft Property Group

Rooms

Flat

Kitchen
3.96 × 3.65 m
Bedroom
5.27 × 2.89 m
Living Room
5.36 × 3.07 m
Bedroom 2
5.18 × 2.83 m

Estimated value range

$451K to $499K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Old North →

London East, ON

Tree-lined streets, heritage homes, walkable to Richmond Row.

Schools nearbyclosest is Old North Public School, 710 m

Elementary

  • Old North Public School

    710 m · Grades JK-8

    Thames Valley District School Board

    8.4
  • St Michael Separate School

    1.3 km · Grades JK-8

    London District Catholic School Board

    5.7
  • St Georges Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    8.0

Secondary

  • London Central Secondary School

    2.4 km · Grades 9-12

    Thames Valley District School Board

    8.0
  • École secondaire catholique Monseigneur-Bruyère

    2.4 km · Grades 9-12

    Conseil scolaire de district des écolesCatholique

    6.3
  • Catholic Central High School

    2.7 km · Grades 9-12

    London District Catholic School Board

    5.7

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,446/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,225
Property tax$305
Insurance (est.)$99
Utilities (est.)$250
Condo fee$567
Total monthly$3,446
Land transfer tax$5,973 on closing

Ontario LTT

$5,973

First-time rebate

−$4,000

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

Price & listing history

$474,900

Listed Jun 21, 2026

On the market

Sold comparables nearby

1705 - 695 Richmond Street, London EastSold

1705 - 695 Richmond Street, London East

2 bd·2 ba·1,200-1,399 sqft
309 - 693 Windermere Road, London NorthSold

309 - 693 Windermere Road, London North

2 bd·2 ba·1,600-1,799 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$411,833

Sale-to-list ratio

94.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $117,000 household income

Minimum household income required

$117,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Call Colin at (226) 212-5099 or text

Rental market$1,895/mo median for 2 bed nearby

$1,895/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 39 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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(226) 212-5099 · Email Colin

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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