$495,900
1116 - 1235 RICHMOND STREET
Beds
2
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East B). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Welcome to one of this premium two bedroom unit! This unit shows very well with A++ tenants and it comes with underground parking. This is the premier building for student accommodation. This is a low-stress investment opportunity. Welcome to The Luxe, London's premier destination for Western students looking for a newer building within walking distance to Western. Onsite Starbucks, billiards lounge, games room, 24 hour fitness centre, yoga studio, 40 person movie theatre, roof top patio, spa lounge, extensive security cameras, a study hall and a full time onsite staff. This unit accommodates 2 people and features a gourmet kitchen with granite, expansive floor to ceiling windows, it comes fully furnished and in suite controlled heating. Heat, water, central air all included in condo fee. Beautiful views of Ross Park, the Thames River and the Thames Valley Bike Trails. Unit is leased for $2850 per month until May 2027. (id:65958)
- Subtype
- Single Family
- Structure
- Apartment
- Community
- East B
- Common interest
- Condo/Strata
- Bedrooms
- 2 above grade
- Parking
- 1 total
- Condo/HOA fee
- $446 monthly
- On market
- Feb 9, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $3,001
- Photos
- 14
- MLS#
- X12772798
- Area
- LONDON_EAST_(EAST_B)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Lot
Community
View
Fee includes
Cash on cash
-7.09%
Cap rate
3.45%
GRM
16.7
Break-even rent
$3,092
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.