368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
1235 Richmond Street 517, London East, ON N6A 0C1
$619,999
  • Sale
  • Condo Apartment
  • 19 days ago
  • Updated: 2026-03-11

Overview

  • Condo Apartment
  • 3
  • 2
  • Underground/0
  • 1000-1199
  • N/A

Description

Rare 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!

Details

  • X12855028
  • Underground/0
  • $619,999
  • Tenant
  • 1 + 1
  • 1 Storey/Apt
  • 3
  • 2
  • 1000-1199 Sqft
  • N/A N/A
  • N/A
  • Condo Apartment
  • Sale

Additional details

  • Forced Air / Gas
  • $3923
  • 2026
  • N/A
  • 1
  • None
  • 1
  • Central Air

Schools Nearby

Mortgage Calculator

  • Total Amount
  • Down Payment
  • Loan Term
  • Interest Rate
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Land Transfer Tax
  • CMHC

Estimate Your Rental Return

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this Toronto investment property.

3%
Monthly Cash Flow
net per month
Annual Cash Flow
net per year
Monthly Costs
mortgage + expenses
Cost Coverage
costs vs rent

Toronto · Ontario  ·  Estimates only. Not financial or investment advice. Consult a licensed mortgage broker and accountant before making investment decisions.

FAQ
  • What is the total square footage of the X12855028 - 1235 Richmond Street 517, London East, ON N6A 0C1?

    The total square footage of this property is 1000-1199 SqFt.

  • What schools near to X12855028 - 1235 Richmond Street 517, London East, ON N6A 0C1?

    .

RoofUp
Logo