615 - 1235 Richmond Street, London East, Ontario N6A 0C1

Listed for:
$499,000
2 beds
2 baths
Listed 5 days ago
Apartment for rent: 615 - 1235 Richmond Street, London East, Ontario N6A 0C1

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Learn more about this property
Listing provided by:
AVION REALTY INC.
MLS® number:
X12539490
Agent:
Jacky Feng
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About

Richmond St & Raymond Ave Turnkey investment in London's most desirable student condo building! This spacious 2-bedroom, 2-bathroom unit is currently tenanted, providing stable and reliable monthly income for the owner. Each bedroom features its own ensuite, maximizing rental appeal for student tenants. The current owner has signed a rental guaranty agreement with Craft Property Group, ensuring a fixed rental assurance-fully transferable to the new owner. Enjoy predictable cash flow and professional property management, making this a low-maintenance investment with reduced vacancy risk. Located steps from Western University and close to downtown London's business center, entertainment district, parks, and Masonville Mall. The building offers premium amenities: rooftop terrace, 40-seat theatre, billiards and games lounge, social lounge, state-of-the-art fitness center, yoga & Pilates studio, and business center. An exceptional opportunity for investors seeking consistent income, strong rental demand, and excellent building amenities. (id:27476)

Property Highlights

MLS® Number
X12539490
Type
Single Family
Community Name
East B
Maintenance Fee
459.21
Ownership Type
Condominium/Strata

Building

Building Type
Apartment
Square Footage
800 - 899 sqft
Bathrooms Total
2
Bedrooms Above Ground
2
Bedrooms Total
2
Amenities
Schools, Public Transit, Place of Worship, Park
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location