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    For Sale - 1235 Richmond Street Unit# 517, London East, Ontario

    Est payment $2,977/mo
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    Views   1
    Time on Jump  61 day

    AI Summary *

    • Premium 3-bedroom, 2-bathroom corner suite near Western University.
    • Fully furnished with modern kitchen, granite counters, and stainless steel appliances.
    • Includes a highly coveted parking space enhancing value and appeal.
    • Residents enjoy a movie theatre, fitness center, yoga studio, and rooftop terrace.
    • Generates guaranteed annual income, perfect for hands-off investors.




    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!
    Listing IDX12855028
    Address1235 Richmond Street Unit# 517
    CityLondon East, Ontario
    Price$619,999
    Bed / Bath3 / 2 Full
    Style1 Storey/Apt, Condo Apartment
    ConstructionConcrete
    TypeCondominium
    StatusFor Sale

    Subtype Condo ApartmentIndoor Features None, In-Suite LaundryBasement NoneHeating / Cooling Forced AirHeating Fuel Gas

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    Listing Agency:  HOMELIFE/MIRACLE REALTY LTD

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1235 Richmond Street Unit# 517
    London East , Ontario
    3 2 $619,999
    Get more info