513-1235 Richmond Street Sold 14 days ago

London, East A, N6A 0C1

$539,900$000000

Description

Listed by REAL ESTATE ADVISORS INC..

Opportunity knocks for investing in London Ontario! This is the premier building for Luxury 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 University. This state-of-the-art residence features beautifully designed suites and world-class amenities: 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 independent tenants 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. Tenant is leaving on April 26, 2025 but they are assumable.

Stainless Steel Stove, Microwave with exhaust fan, Dishwasher and Fridge. All electric light fixtures and window coverings. All furniture is included as well as TV. Rental Guarantee in place until April 26, 2025. Rental income: $2215

Location

View Map
  • Address: 513-1235 Richmond Street
  • Neighborhood: East A
  • City: London
  • State: Ontario
  • Postal Code: N6A 0C1

Property Details

  • Property ID: X11887986
  • Property Price: $539,900
  • Style: Condo Apt, Apartment
  • Sq/Ft: 800-899
  • Rooms: 4
  • Bedrooms: 2
  • Bath: 2
  • Garages Spaces: 1
  • Garage: Underground
  • Parking Spaces: 1
  • Year Built: 0-5
  • A/C: Central Air
  • Central Vac.: N
  • Den: Y
  • Exterior: Concrete
  • Heating: Other
  • Fireplace: N
  • Taxes: $2,659.32 (2024)
  • Bld. Insurance Incl.: Y
  • Condo Corp.: The Luxe
  • Condo Corp #: 854
  • Exposure: E
  • Locker: None
  • Parking Type: Owned
  • Pets: N
  • Property Manager: Craft Property Management
  • # of stories: 5
  • Maintenance: 439.30

Room details and dimensions

Statistics for similar Condo Apt condos in East A

The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Condo Apt condos in East A

The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Condo Apt condos in East A

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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