Value
Photos
Map
$619,999
ESTIMATED
3
BEDROOMS
2
BATHROOMS
X12855028
MLSID

1235 Richmond Street 517, London

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!
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Sold History

SOLD
7 May 2026
$590,000

Summary

Address
1235 Richmond Street 517
City
Community
MLSID
X12855028
Property Type
Condo Apartment
Property Category
Bedrooms
3
Bathrooms
2
Kitchens
1
Taxes (Annual)
$3,923.00
Tax Year
2026
Published
March 6, 2026
Days on Market
123 Days
Possession Type
Flexible
Possession Details
Flex
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Details

Basement
None
Interior Features
None
Parking Total
1
Architectural Style
1 Storey/Apt
Locker
Ensuite
Construction Materials
Concrete
Exposure
South
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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