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Homes for Sale in London, Ontario

695 Richmond Street #708

London East, N6A 5M8·MLS® X13559530·

Listing courtesy of Bay Street Group INC.·Updated 5 hours ago

For sale
1 / 13
2Beds
2Baths
1,200-1,399Sqft
Year Built

Listing price

$350,000

Est. $1,667/mo

Days on market

1

Listed Jul 14, 2026

Description

Located in the center of downtown London. This 2 bedrooms, 2 full bathrooms condo apartment has a spacious living room with natural light from the expansive windows. All new replaced wood flooring. The primary bedroom has an incredible closet space and bathtub. The kitchen features dishwasher and other appliances. Additional highlights include a in-unit washer/dryer, several closets and a storage room. Parking spot is underground and assigned to the owners by the building. The building has a secure entryway with 24/7 concierge service, as well as a pool, sauna room, and a newly updated gym. You can enjoy many different food in the down town area. Fanshawe College and Central Secondary School are within walking distance. Direct bus to Western University and The grocery store is just across the street. The unit is vacant and ready for you. This is a great opportunity.

Property details

Garage

1 car Underground

Basement

None

Parking

1 spaces

Type

Condo Apartment — Multi-Level

Heating

Other

AI property estimate

$344,118At Market
$329,000$404,000

58% confidence · 9 sold homes within 2 km, by price per sq ft

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)$1,667
Property tax$379
Insurance (est.)$73
Utilities (est.)$250
Total monthly$2,369

Land transfer tax

Ontario LTT

$3,725

First-time rebate

$3,725

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

Price & listing history

Jul 14, 2026Listed
$350,000

Sold comparables nearby

905 - 363 Colborne Street, London EastSold

$225,000

905 - 363 Colborne Street, London East

1 bd·1 ba·800-899 sqft
305 - 500 TALBOT Street, London EastSold

$329,000

305 - 500 TALBOT Street, London East

2 bd·2 ba·1,200-1,399 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

$1,400

Rental yield

4.8%

Est. cash flow

-$969

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$88,842

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

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AI estimate

$344,118

At Market

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