1235 Richmond Street, London, Ontario N6A 0C1

Listed for:
$619,999
3 beds
2 baths
Listed 26 days ago
Apartment for rent: 1235 Richmond Street, London, Ontario N6A 0C1

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About

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! (id:27476)

Property Highlights

MLS® Number
40810338
Type
Single Family
Maintenance Fee
629.00
Ownership Type
Condominium
Land Size
Unknown
Parking Space Total
1

Building

Building Type
Apartment
Storeys
1.00
Square Footage
1088 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Amenities
Exercise Centre Shopping
Exterior Finish
Concrete
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

3pc Bathroom
Main level
Measurements not available
3pc Bathroom
Main level
Measurements not available
Bedroom
Main level
9'6'' x 11'4''
Bedroom
Main level
12'5'' x 9'2''
Primary Bedroom
Main level
16'3'' x 8'9''
Kitchen
Main level
13'9'' x 10'1''
Dining room
Main level
16'3'' x 10'1''
Living room
Main level
16'3'' x 10'1''

Location

Learn more about this property
Listing provided by:
HOMELIFE MIRACLE REALTY LTD
MLS® number:
40810338
Agent:
Igor Miljanovic
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