Listed by Avion Realty Inc..

615-1235 Richmond Street is a Condo Apt, Apartment and is currently for Sale @ $499,000. Taxes in 2024 were $2,721.51.

More condos for sale under 500k in London East

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. The Apartment on 615-1235 Richmond Street has 2 bedrooms, 2 bathrooms, and is located in the community of East B . 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.

All existing Window Coverings, All existing Stainless Steel Appliances: Fridge, Stove, Built-in Dishwasher, Built-in Microwave and all Existing owner's Furniture in unit.

The address 615-1235 Richmond Street was listed for sale (MLS# X12539490) on Wednesday, November 12, 2025.