$489,000 - 1235 Richmond Street Unit 1711, London East
Condo for Sale in London East
37 days on market- MLS Number
- X13122966
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Experience upscale condo living at Luxe London, a sought-after residence in the heart of North London just steps from Western University, Richmond Row amenities, parks, restaurants, and transit. Residents enjoy an impressive collection of luxury amenities including a fully equipped fitness centre and yoga studio, theatre room, rooftop terrace, sauna, whirlpool hot tub, business and games lounges, café-style common areas, plus 24-hour concierge service, security, and monitored entry for added peace of mind.Located on a higher floor with beautiful views, this fully furnished 2-bedroom, 2-ensuite suite offers approximately 935 sq. ft. of modern living space designed for both comfort and functionality. The stylish kitchen features granite countertops, stainless steel appliances, and ample cabinetry, opening into a bright living area with floor-to-ceiling windows that fill the space with natural light. Both bedrooms include private ensuite bathrooms, providing excellent privacy for roommates or guests. A major bonus is the included underground parking space, a highly valuable feature in this prime university-area location. Condo fees include heat, water making this an outstanding turnkey opportunity for investors, professionals, or parents looking for premium accommodation near UWO.
Estimate your monthly payments for this property
Estimated Payment
$2,508.82/mo
Includes CMHC insurance ($13,643)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London East
London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London East
- •Convenient location in London East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1235 Richmond Street Unit 1711, London East
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $543/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.