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10 - 1235 RICHMOND STREET
London East (East B) Ontario N6A0C1 Canada

$619,999

Active Listing ID X12855028
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3 bed
bath icon
2.00 Bath
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Single Family

$619,999

Active Listing ID X12855028
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10 - 1235 RICHMOND STREET Rare opportunity to own a premium 3-bedroom, 2-bathroom corner suite in "LuxeLondon, " the city's premier luxury student residence. Perfectly positioned at thegates of Western University, this unit offers an investor's dream: a professionalrental management company that GUARANTEES the rent and handles all tenantplacement-providing a truly passive, hands-off income stream. Generating $37, 200 inannual gross income against a $619k purchase price, this is one of thehighest-yielding residential assets in the market.This sun-drenched suite comes fully furnished and features a modern kitchen withgranite counters and stainless steel appliances. UNMATCHED PERK: This unit includesa highly coveted PARKING SPACE-a rare and valuable asset in this building thatsignificantly boosts resale value and tenant demand. Residents enjoy world-classamenities: a 40-seat movie theatre, 24/7 fitness centre, yoga studio, rooftopterrace with panoramic city views, sauna, and a business lounge. Footsteps toRichmond Row, Masonville Mall, and transit. Whether you are looking to diversifyyour portfolio or start your investment journey with a "sure thing, " this is theone. Low stress, high return, and a location that will never go out of style! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Concrete
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 3/6/2026 6:50:37 PM GMT
Source Updated Date: 3/7/2026 10:15:57 PM GMT

Courtesy of: IGOR MILJANOVIC, Salesperson, HOMELIFE/MIRACLE REALTY LTD