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For sale
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$559,900

Est. $2,623/mo mortgage

3bd·2ba·1,000-1,199sqft

1235 Richmond Street #901 · London East, N6A 0C1

MLS® X13782160

2 days on market

Listed Sep 14, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated 17 hours ago

Description

Available for vacant possession, this is an excellent opportunity for parents looking to secure housing for a student, end users wanting flexibility, or investors seeking a turnkey property in one of London's most established student communities. The Luxe is London's premier purpose built student condominium residence, offering an unmatched combination of convenience, security, and lifestyle. Residents enjoy exceptional amenities including 24-hour concierge service, a world-class fitness centre, games room, board rooms, rooftop patio, 40-person theatre, on-site convenience store, and Starbucks. Safe, convenient, and an outstanding investment opportunity, the building also offers complimentary winter shuttle service to Western University and CF Masonville Place. This quiet end unit features approximately 990 square feet of well-designed living space with 3bedrooms, updated carpeting and mattresses, stainless steel appliances, granite countertops, and all furniture included. Heat, air conditioning, and water are all included in the condo fees, making ownership simple and stress-free. Be quick - opportunities like this do not last long.

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Property details

Interior

Interior
1000-1199 sqft
Rooms
2 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Main
Basement
None
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Apartment, Apartment
Age
11-15 years
Exterior
Brick
Storeys
9
Exposure
North West

Parking

Locker
None

Fees & taxes

Condo fee
$601/mo
Fee includes
heat, water
Pets
Yes-with Restrictions
Property tax
$3,755/yr (2025)
Corporation
MSC 854
Managed by
Loyal Residential Corp

Rooms

Main

Primary Bedroom, 3 pc ensuite, walk-in closet(s), window floor to ceiling
5.09 × 2.76 m
Kitchen, stainless steel appl, granite counters, tile floor
5.98 × 3.36 m
Bedroom 3, Window Floor to Ceiling
3.74 × 2.9 m
Living Room, Window Floor to Ceiling
3.89 × 3.36 m
Bedroom 2, Window Floor to Ceiling
3.89 × 2.9 m

AI property estimate

$509,714Estimate is ~9.0% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$458,743$560,685

80% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Stoneybrook

London East, ON

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

Monthly paymentest. $3,928/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,623
Property tax$337
Insurance (est.)$117
Utilities (est.)$250
Condo fee$601
Total monthly$3,928
Land transfer tax$7,673 on closing

Ontario LTT

$7,673

First-time rebate

$4,000

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

Price & listing history

Listed 3 times · asking price down 6% from the first ask

$559,900

Listed Sep 14, 2026

On the market
$559,900 6%

Listed May 12, 2026 · 121 days on market

Listing expired

Sep 10, 2026

$598,000

Listed Mar 17, 2026 · 53 days on market

Taken off the market

May 9, 2026

174 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

204 - 693 Windermere Road, London NorthSold

$340,000

204 - 693 Windermere Road, London North

2 bd·2 ba·1,400-1,599 sqft
315 - 1510 Richmond Street, London NorthSold

$371,000

315 - 1510 Richmond Street, London North

2 bd·2 ba·1,000-1,199 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsArgyle · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$345,800

Sale-to-list ratio

96.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $138,000 household income

Minimum household income required

$138,000

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

Not sure about financing? Ask Colin

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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