615 - 1235 RICHMOND STREET, London East (East B), Ontario, CA

Address: 615 - 1235 RICHMOND STREET, London East (East B), Ontario

2 Beds2 Baths800 sqftStatus: Buy
Price $499,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
Apartment
Square Footage
800 - 899 sqft
Community Name
East B
Title
Condominium/Strata
Parking Type
No Garage
Building
Bedrooms
Above Grade
2
Bathrooms
Total
2
Interior Features
Appliances Included
Dishwasher, Furniture, Microwave, Stove, Window Coverings, Refrigerator
Basement Type
None
Building Features
Square Footage
800 - 899 sqft
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Pets not Allowed
Amenities Nearby
Schools, Public Transit, Place of Worship, Park
Maintenance or Condo Information
Maintenance Fees
$435.49 Monthly
Maintenance Fees Include
Common Area Maintenance, Insurance
Maintenance Management Company
Craft Property Group
Parking
Parking Type
No Garage
Level Rooms Dimensions
Flat Living room 6.27 m x 3.43 m
Dining room 6.27 m x 3.43 m
Kitchen 6.27 m x 3.43 m
Primary Bedroom 4.29 m x 2.77 m
Bedroom 2 4.29 m x 0.77 m

Features
           No Garage            Dishwasher            Furniture
           Microwave            Stove            Window Coverings
           Refrigerator            Central air conditioning
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Your Home Finance Calculation

Property Price CA $499,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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