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1107 Richmond Street #1107

London East, N6A 0C1·MLS® X13496374·

Listing courtesy of Exp Realty·Updated 5 hours ago

For sale
1 / 19
2Beds
2Baths
900-999Sqft
Year Built

Listing price

$474,900

Est. $2,262/mo

Days on market

2

Listed Jun 26, 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).

Property details

Basement

None

Type

Condo Apartment — Apartment

Heating

Forced Air

AI property estimate

$465,877At Market
$437,383$494,371

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)$2,262
Property tax$514
Insurance (est.)$99
Utilities (est.)$250
Total monthly$3,125

Land transfer tax

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

Jun 26, 2026Listed
$474,900

Sold comparables nearby

707 - 695 RICHMOND Street, London EastSold

$335,000

707 - 695 RICHMOND Street, London East

2 bd·2 ba·1,200-1,399 sqft
607 - 1235 Richmond Street, London EastSold

$485,000

607 - 1235 Richmond Street, London East

2 bd·2 ba·800-899 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

$1,900

Rental yield

4.8%

Est. cash flow

-$1,225

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

$117,199

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

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AI estimate

$465,877

At Market

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