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$475K · 2 bed Condo Apartment · Unit 913, 1235 Richmond Street, London, Ontario N6A 0C1 | HomeSearchCanada

$474,900

Unit 913

59 DOM

2259d

Map

DOM 59

$474,900

DOM59days

Unit 913

1235 Richmond Street · London · Ontario N6A 0C1

MLS® X13169370 · East B · N6A 0C1

22Vacant800-899 ft²Condo ApartmentNoneNo basement59d$559/ft²$2,966 tax/yrNo basement

59 days on market

About this home

Opportunity to move immediately for the new buyer or 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…

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Property details

MLS#: X13169370
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 4
Kitchens: 1
Size: 800-899Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Condo corp #: 854
Balcony: None
Locker: None
Fees include: CAC Included, Common Elements Included, Heat Included, Building Insurance Included, Water Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Richmond St & Raymond Avenue
Stories: 9
Utilities: —
Laundry: Common Area
Interior: None
Parking features: None

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: SMARTWAY REALTY

Source: TRREB/PROPTX · MLS® X13169370

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$475K

Unit 913 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $474,900✓ $2,966 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,295/mo

incl. closing costs (yr 1)

Annual total

$51,544

year 1

Mortgage only

$1,802/mo

principal + interest

Beyond mortgage

$1,538/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$94,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$247/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,749/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$39/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,973

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $21,619/yr

Property taxes17% $8,939/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,749/yr

Condo fees11% $5,577/yr

Closing costs10% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$21,619	$1,802/mo
Government & taxes
Property tax	$2,966	$247/mo
Land transfer tax(closing)	$5,973	$498/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,749	$396/mo
Condo fees
Condo / HOA fees	$5,577	$465/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$51,544	$4,295/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 913

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs