Loading neighbourhood intel…
Loading neighbourhood intel…
$359,900
695 Richmond Street · London · Ontario N6A 5M8
136 days on market
Vacant and available immediately. Excellent 2 bedroom 2 bath (1322 sq ft) Castlefield model condo located on London's Richmond Row. Easy access to all the downtown amenities and school bus routes. Building offers concierge, elevators, indoor pool, sauna, underground parking. Large open concept unit with in unit laundry and new wood floors 2025 in living/dining area. Premium location for students or downtown living.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Book a call for full analysis. Get a full analysis →
Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: CENTURY 21 FIRST CANADIAN CORP
Source: TRREB/PROPTX · MLS® X13419872
Do you own a home in London East?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo · assumes gas heat
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 36% of your true cost of ownership. The other 64% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $16,384 | $1,365/mo |
| Government & taxes | ||
| Property tax | $3,269 | $272/mo |
| Land transfer tax(closing) | $3,874 | $323/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Ground Source | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $3,599 | $300/mo |
| Condo fees | ||
| Condo / HOA fees | $7,944 | $662/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 | $45,730 | $3,811/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.