1235 Richmond St 515

East B, London, N6A 0C1
FOR SALE
$529,900
1235 Richmond St 515, London
1235 Richmond St 515
1235 Richmond St 515
1235 Richmond St 515
1235 Richmond St 515
1235 Richmond St 515
1235 Richmond St 515
1235 Richmond St 515
1235 Richmond St 515
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X10405208
MLSID
Contact Us
Property Description
Welcome to The Luxe, London's premier destination for Western students looking for a newer building within walking distance to Western. Onsite Starbucks, billiards lounge, games room, workout centre, yoga studio, roof top patio, a study hall and a full time onsite staff. This unit accommodates 2 people and features a gourmet kitchen with granite, expansive floor to ceiling windows, it comes fully furnished and in suite controlled heating. A+ tenants on lease until August 2025. Heat, water, central air all included in condo fee. The parking spot can be separately leased for additional income. Monthly income of $2235 per month including parking rental income of $95
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-11 2024-10-31 113 $534,900 - Expired
2024-04-18 2024-07-12 85 $549,900 - Terminated
Property Features
Grnbelt/Conserv, Library, Park, Place Of Worship, Public Transit, Rec Centre
Property Details
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,688 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain12.40' x 13.91'Tile Floor
DiningMain12.40' x 13.91'Tile Floor
KitchenMain6.99' x 9.15'Tile Floor
Prim BdrmMain9.15' x 13.25'Broadloom
2nd BrMain9.15' x 14.07'Broadloom
London Market Statistics
London Price Trend
1235 Richmond St 515 is a 2-bedroom 2-bathroom condo listed for sale at $529,900, which is $95,866 (22.1%) higher than the average sold price of $434,034 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $68,118 (18.6%) compared to the previous 30 day period (September 21 - October 20) and up $120,784 (38.6%) from the same time one year ago.
Inventory Change
There were 72 2-bedroom condos listed in London over the last 30 days (October 21 - November 19), which is down 2.7% compared with the previous 30 day period (September 21 - October 20) and up 2,300.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($12,662) (2.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $317 increase compared to the previous 30 day period (September 21 - October 20) and ($6,689) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in London over the last 30 days (October 21 - November 19) stood at 44.4%, up from 32.4% over the previous 30 days (September 21 - October 20) and down from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in London stood at 48 days when successfully sold over the last 30 days (October 21 - November 19), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Triland Realty
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