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$539,900
Available - For Sale
Listing ID: X11887986
1235 Richmond St , Unit 513, London, N6A 0C1, Ontario


Opportunity knocks for investing in London Ontario! This is the premier building for Luxury student accommodation. This is a low-stress investment opportunity. Welcome to The Luxe, London's premier destination for Western students looking for a newer building within walking distance to Western University. This state-of-the-art residence features beautifully designed suites and world-class amenities: Onsite Starbucks, billiards lounge, games room, 24 hour fitness centre, yoga studio, 40 person movie theatre, roof top patio, spa lounge, extensive security cameras, a study hall and a full time onsite staff. This unit accommodates 2 independent tenants and features a gourmet kitchen with granite, expansive floor to ceiling windows, it comes fully furnished and in suite controlled heating. Heat, water, central air all included in condo fee. Tenant is leaving on April 26, 2025 but they are assumable.
Extras:   Stainless Steel Stove, Microwave with exhaust fan, Dishwasher and Fridge. All electric light fixtures and window coverings. All furniture is included as well as TV. Rental Guarantee in place until April 26, 2025. Rental income: $2215
Price $539,900
Taxes: $2659.32
Maintenance Fee: 439.30
Address: 1235 Richmond St , Unit 513, London, N6A 0C1, Ontario
Province/State: Ontario
Condo Corporation No The L
Level 5
Unit No 513
Directions/Cross Streets: Richmond south of Windermere
Rooms: 4
Bedrooms: 2
Bedrooms +:
Kitchens: 1
Family Room: Y
Basement: None
Approximatly Age: 0-5
Property Type: Condo Apt
Style: Apartment
Exterior: Concrete
Garage Type: Underground
Garage(/Parking)Space: 1.00
Drive Parking Spaces: 0
Park #1
Parking Spot: 36
Parking Type: Owned
Legal Description: 2
Exposure: E
Balcony: None
Locker: None
Pet Permited: N
Approximatly Age: 0-5
Approximatly Square Footage: 800-899
Maintenance: 439.30
Building Insurance Included: Y
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Other
Central Air Conditioning: Central Air
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL ESTATE ADVISORS INC.
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At a Glance:
Type: Condo - Condo Apt
Area: Middlesex
Municipality: London
Neighbourhood: East A
Style: Apartment
Lot Size: x ()
Approximate Age: 0-5
Tax: $2,659.32
Maintenance Fee: $439.3
Beds: 2
Baths: 2
Garage: 1
Fireplace: N
Air Conditioning:
Pool:
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