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For sale
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$559,900

Estimated value $532K to $588K

Est. $2,623/mo mortgage

3bd·2ba·1,000-1,199sqft

1235 Richmond Street #901 · London, N6A 0C1

MLS® X13782160

46 days on market46 days on market

Listed Sep 14, 2026

Listing courtesy of Royal Lepage Triland Realty·Listing last changed Sep 14

Key facts

Property type
Condo apt
Square footage
1,000-1,199 sqft
Storeys
9
Age
11-15 years
Property tax
$3,755/yr (2025)

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

Size
1,000-1,199 sqft
Rooms
2 rooms
Bathrooms
2 × 3-piece on Main
Basement
None
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Condo apt, 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

Estimated value range

$532K to $588K

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 St. Kateri Separate School, 1.2 km

Elementary

  • St. Kateri Separate School

    1.2 km · Grades JK-8

    London District Catholic School Board

    8.0
  • Old North Public School

    1.4 km · Grades JK-8

    Thames Valley District School Board

    8.4
  • Stoneybrook Public School

    1.8 km · Grades JK-8

    Thames Valley District School Board

    7.1

Secondary

  • École secondaire catholique Monseigneur-Bruyère

    2.7 km · Grades 9-12

    Conseil scolaire de district des écolesCatholique

    6.3
  • A B Lucas Secondary School

    2.7 km · Grades 9-12

    Thames Valley District School Board

    6.8

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. $3,903/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,623
Property tax$313
Insurance (est.)$117
Utilities (est.)$250
Condo fee$601
Total monthly$3,903
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

$559,900

Listed Sep 14, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

309 - 693 Windermere Road, London NorthSold

309 - 693 Windermere Road, London North

2 bd·2 ba·1,600-1,799 sqft
204 - 693 Windermere Road, London NorthSold

204 - 693 Windermere Road, London North

2 bd·2 ba·1,400-1,599 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

6.2 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$361,650

Sale-to-list ratio

94.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $136,000 household income

Minimum household income required

$136,000

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$2,373/mo median for 3 bed nearby

$2,373/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 46 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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