305-1235 Richmond Street Sold 3 days ago

London, East B, N6A 0C1

$524,999$000000

Description

Listed by RE/MAX EXPERTS.

CALLING ALL INVESTORS!Looking for a high-return investment property with guaranteed rental income? Look no further! This modern 2-bedroom, 2-bathroom condo, located in the heart of vibrant London, Ontario, is just steps from Western University, making it the perfect rental property for students and young professionals alike. With a contemporary design, the fully-equipped kitchen boasts granite countertops and sleek stainless steel appliances. Expansive windows fill the open-concept living space with natural light, creating an inviting atmosphere. The unit is fully furnished and includes in-suite controlled heating, offering both comfort and convenience year-round. But that's not all! Residents enjoy an array of top-tier amenities, including an onsite Starbucks, a billiards lounge, a games room, a fitness center, a yoga studio, and a rooftop patio with panoramic views. This condos prime location means its close to local shops, dining, and entertainment, making it highly desirable for tenants. Whether you're a seasoned investor or looking to get into the real estate market, this property offers a combination of luxury, location, and guaranteed rental income. Don't miss out on this exceptional opportunity to add a high-demand rental to your portfolio!

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Location

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  • Address: 305-1235 Richmond Street
  • Neighborhood: East B
  • City: London
  • State: Ontario
  • Postal Code: N6A 0C1

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Property Details

  • Property ID: X9367799
  • Property Price: $524,999
  • Style: Condo Apt, Apartment
  • Sq/Ft: 800-899
  • Rooms: 4
  • Bedrooms: 2
  • Bath: 2
  • Garage: Underground
  • A/C: Central Air
  • Den: N
  • Exterior: Brick, Concrete
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,565.49 (2024)
  • Bld. Insurance Incl.: Y
  • Condo Corp.: MSCP
  • Condo Corp #: 854
  • Exposure: W
  • Locker: None
  • Parking Type: None
  • Pets: Restrict
  • Property Manager: Craft Property Group
  • # of stories: 3
  • Maintenance: 412.53

Room details and dimensions

Statistics for similar Condo Apt condos in East B

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 B

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 B

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100