1235 Richmond Street London, Ontario N6A 0C1
$619,999Maintenance,
$629 Monthly
Maintenance,
$629 MonthlyRare opportunity to own a premium 3-bedroom, 2-bathroom corner suite in LuxeLondon, the city's premier luxury student residence. Perfectly positioned at thegates of Western University, this unit offers an investor's dream: a professionalrental management company that GUARANTEES the rent and handles all tenantplacement-providing a truly passive, hands-off income stream. Generating $37,200 inannual gross income against a $619k purchase price, this is one of thehighest-yielding residential assets in the market.This sun-drenched suite comes fully furnished and features a modern kitchen withgranite counters and stainless steel appliances. UNMATCHED PERK: This unit includesa highly coveted PARKING SPACE-a rare and valuable asset in this building thatsignificantly boosts resale value and tenant demand. Residents enjoy world-classamenities: a 40-seat movie theatre, 24/7 fitness centre, yoga studio, rooftopterrace with panoramic city views, sauna, and a business lounge. Footsteps toRichmond Row, Masonville Mall, and transit. Whether you are looking to diversifyyour portfolio or start your investment journey with a sure thing, this is theone. Low stress, high return, and a location that will never go out of style! (id:50787)
Property Details
| MLS® Number | 40810338 |
| Property Type | Single Family |
| Amenities Near By | Shopping |
| Features | Southern Exposure |
| Parking Space Total | 1 |
| Storage Type | Locker |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Amenities | Exercise Centre |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| Basement Type | None |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,088 Ft2 |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| None |
Land
| Acreage | No |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Total Text | Unknown |
| Zoning Description | R9-7 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 9'6'' x 11'4'' | ||
| Main Level | Bedroom | 12'5'' x 9'2'' | ||
| Main Level | Primary Bedroom | 16'3'' x 8'9'' | ||
| Main Level | Kitchen | 13'9'' x 10'1'' | ||
| Main Level | Dining Room | 16'3'' x 10'1'' | ||
| Main Level | Living Room | 16'3'' x 10'1'' |
https://www.realtor.ca/real-estate/29439576/1235-richmond-street-london
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March 06 2026 08:20:29
REALTORS® Association of Hamilton-Burlington
Homelife Miracle Realty Ltd