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615 - 1235 Richmond Street London East, Ontario N6A 0C1

2 Bedroom 2 Bathroom 800 - 899 sqft
Central Air Conditioning Forced Air

$499,000

Maintenance, Common Area Maintenance, Insurance

$435.49 Monthly

Turnkey investment in London's most desirable student condo building! This spacious 2-bedroom, 2-bathroom unit is currently tenanted, providing stable and reliable monthly income for the owner. Each bedroom features its own ensuite, maximizing rental appeal for student tenants. The current owner has signed a rental guaranty agreement with Craft Property Group, ensuring a fixed rental assurance-fully transferable to the new owner. Enjoy predictable cash flow and professional property management, making this a low-maintenance investment with reduced vacancy risk. Located steps from Western University and close to downtown London's business center, entertainment district, parks, and Masonville Mall. The building offers premium amenities: rooftop terrace, 40-seat theatre, billiards and games lounge, social lounge, state-of-the-art fitness center, yoga & Pilates studio, and business center. An exceptional opportunity for investors seeking consistent income, strong rental demand, and excellent building amenities. (id:60365)

Property Details

MLS® Number X12539490
Property Type Single Family
Community Name East B
AmenitiesNearBy Schools, Public Transit, Place Of Worship, Park
CommunityFeatures Pets Not Allowed

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsTotal 2
Appliances Dishwasher, Furniture, Microwave, Stove, Window Coverings, Refrigerator
BasementType None
CoolingType Central Air Conditioning
ExteriorFinish Brick
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 800 - 899 Sqft
Type Apartment

Parking

No Garage

Land

Acreage No
LandAmenities Schools, Public Transit, Place Of Worship, Park

Rooms

Level Type Dimensions
Flat Living Room 6.27 m x 3.43 m
Flat Dining Room 6.27 m x 3.43 m
Flat Kitchen 6.27 m x 3.43 m
Flat Primary Bedroom 4.29 m x 2.77 m
Flat Bedroom 2 4.29 m x 0.77 m

https://www.realtor.ca/real-estate/29097740/615-1235-richmond-street-london-east-east-b-east-b

Jacky Feng
Salesperson

Avion Realty Inc.
50 Acadia Ave #130
Markham, Ontario L3R 0B3

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November 13 2025 01:57:36

Toronto Real Estate Board

Avion Realty Inc.

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