1235 Richmond Street Unit 517
About this property
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!
Features & finishes
Property details
| MLS® Number | X12855028 |
| Status | Sold |
| Listing Type | For Sale |
| Property Type | Condo |
| Interior Size | 1,000 sq ft |
| Beds / Baths | 3 bed · 2 bath |
| Locker | Ensuite |
| Exposure | South |
| Balcony | None |
| City | London East |
| Postal Code | N6A 0C1 |
| Province | ON |
| Listed Date | March 8, 2026 |
| Brokerage | HOMELIFE/MIRACLE REALTY LTD |
Location
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