$2,050/mo - 675 RICHMOND Street Unit 104, London East
Condo for Rent in London East
109 days on market- MLS Number
- X12765530
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- TEAM GLASSER REAL ESTATE BROKERAGE INC.
Welcome to refined urban living at 675 Richmond Street, where space, comfort, and convenience come together in one of Downtown London's most sought after rental buildings. This incredibly spacious 2-bedroom suite is ideal for working professionals, couples, or small families seeking a modern home base with thoughtful amenities and a polished atmosphere. The unit features bright, open living areas, hard surface flooring throughout, and a contemporary kitchen complete with stainless steel appliances, dishwasher, over-the-range microwave, and in-suite laundry-designed for both everyday efficiency and effortless entertaining. Well-proportioned bedrooms provide flexibility for growing families, a home office, or a guest room, while the balcony extends your living space and offers a quiet place to unwind. Residents enjoy access to a recently renovated lobby and common areas along with a state-of-the-art fitness facility with Peloton bikes, creating a well-rounded living experience beyond the suite itself. Ideally located at Richmond Street and Mill Street, the building sits just steps from Downtown London's best restaurants, grocery stores, boutiques, parks, and river pathways, all while remaining well-connected to major transit routes and arterial roads. Whether commuting to work, enjoying weekend walks along the Thames, or dining out nearby, this location supports a balanced, professional lifestyle. This is downtown living done right with a quality building, a spacious layout, and a tremendous location.
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.
675 RICHMOND Street Unit 104, London East
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,050/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in London East. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 109 days on site, this property has exceeded the typical selling timeline for London East. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.