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$475K · 2 bed Condo Apartment · Unit 1107, Luxe Condo, 1235 Richmond Street, London, Ontario N6A 0C1 | HomeSearchCanada

$474,900

Unit 1107

27 DOM

2227d

Map

DOM 27

$474,900

DOM27days

Unit 1107

Luxe Condo · 1235 Richmond Street · London · Ontario N6A 0C1

MLS® X13496374 · East B · N6A 0C1

22TenantOccupied900-999 ft²Condo ApartmentNoneNo basement27d$500/ft²$3,655 tax/yrNo basement

27 days on market

About this home

Welcome to Luxe London. An ideal turnkey investment opportunity featuring one of larger 900+ sqft , 2 bedroom, 2 Bath fully furnished units that offer stunning park views within walking distance to Western University. This guaranteed rental managed by Craft Property management ensures that you enjoy the increasing equity with none of the worries and no vacant units at any time. Just leased for $2650 from May 2026 till April 2027. The suite boasts a gourmet granite kitchen, floor-to-ceiling windo…

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Property details

MLS#: X13496374
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 6
Kitchens: 1
Size: 900-999Exact 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: Tenant Occupied
Washrooms: 3 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Building name: Luxe Condo
Condo corp #: 854
Balcony: None
Locker: None
Fees include: Heat Included, Water Included, Common Elements Included, Building Insurance Included
Pets: No

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete, Brick
Fronting on: —
Cross street: Richmond & Windermere
Stories: 11
Utilities: —
Laundry: Common Area
Interior: Carpet Free
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

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: EXP REALTY

Source: TRREB/PROPTX · MLS® X13496374

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$475K

Unit 1107 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $474,900✓ $3,655 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,455/mo

incl. closing costs (yr 1)

Annual total

$53,463

year 1

Mortgage only

$1,802/mo

principal + interest

Beyond mortgage

$1,698/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$305/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 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)$47/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)40% $21,619/yr

Property taxes18% $9,628/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,749/yr

Condo fees13% $6,807/yr

Closing costs10% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$21,619	$1,802/mo
Government & taxes
Property tax	$3,655	$305/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	$6,807	$567/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	$53,463	$4,455/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 1107

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs