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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14102416For SaleDetached

1228 Richmond St

East B, London East, Ontario N6A 3M2

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1228 Richmond St, London East, photo 1
Asking$799,900
Bedrooms
4+2
Bathrooms
2
Size
1,100–1,500sq ft
Per sq ft
$615at the range’s middle
Lot
35.5 x 125 ft
Tax a year
$5,9592026 tax year
Parking
4none
Days on market
Members

The brief

About 1228 Richmond St

1228 Richmond St is a 4+2-bedroom, 2-bathroom detached house in East B, London East, listed for sale at an asking price of $799,900 (MLS® X14102416).

Location, location, location! Situated just steps from the gates of Western University, 1228 Richmond Street presents an exceptional turn-key investment opportunity. This solid 2-storey brick property features parking for 4 vehicles and major capital upgrades, including an energy-efficient heat pump (2025), upgraded attic insulation (2025), and a new hot water tank (2024). The main residence boasts original hardwood floors, classic wood trim, a spacious kitchen, 4 bedrooms (1 main, 3 upper), a full bath, upper-level laundry, and a large deck overlooking a low-maintenance green space. A separate side entrance leads to a basement unit with 2 bedrooms, 1 bath, kitchen, living room and private laundry. Unmatched convenience and income potential in a prime corridor of London.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$5,959 / 2026
MLS® number
X14102416
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1100-1500 sqft
Lot Size
35.5 x 125 ft
Listed on
Parking
None, 4 Parking
Listing brokerage: BLUE FOREST REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
East B
Municipality
London East

Building

Size
1100-1500 sqft
Construction
Brick

Inside

Bedrooms
4+2
Bathrooms
2
Bathroom Details
1 × 4pc 2nd, 1 × 3pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
None
Additional Parking
4
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
35.5 ft
Depth
125 ft
Lot Size
35.5 x 125 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
No
Family room
No
Extras
Dishwasher, Dryer, Refrigerator, Stove, Washer.

Rooms

RoomSizeFeaturesLevel
Foyer3.05 × 1.96 m—Main
Living5.62 × 3.87 mFireplaceMain
Kitchen3.57 × 3.86 m—Main
Br4.0 × 3.86 m—Main
2nd Br3.65 × 2.91 m—2nd
Primary3.6 × 4.03 m—2nd
4th Br3.53 × 3.17 m—2nd
Laundry1.88 × 2.07 m—2nd
Bathroom2.46 × 3.88 m4 Pc Bath2nd
Living3.92 × 5.98 m—Bsmt
Laundry2.28 × 1.98 m—Bsmt
Kitchen2.8 × 2.44 m—Bsmt
Bathroom1.55 × 2.44 m3 Pc BathBsmt
5th Br3.6 × 2.56 m—Bsmt
Primary3.22 × 2.71 m—Bsmt

Listing history

Buy/sell history for 1228 Richmond St, London East, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$799,900N/AFor SaleX14102416

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $159,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$159,980
Total mortgage amount
$639,920
Total interest payment
$455,080
Total purchase cost
$1,254,980
Mortgage payment
$3,650/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$4,147
−$4,147per month
  • Rent $0
  • Shortfall $4,147

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$12,473
Total land transfer tax
$12,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$8,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $799,900
$7,998
Ontario total
$12,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
4,438 sq ft412 m²
Street frontage
35.5 ft10.8 m
Depth
125 ft38.1 m
35.5 × 125 ftRICHMOND ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 8.3 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 8.3 km8.3 km

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The University of Western Ontario — Main Campus, 810 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by London Hydro Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Detached homes for sale in East B right now

For sale now
38
Median asking price
$762K

Middle half: $600K to $874K

New in 7 days
2

14 in 28 days

Price cuts
29%

11 listings

This home is asking 5% above the median.

See all homes in East B

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St. Kateri Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81.3 km80%Grade 6 average
Old North Public SchoolThames Valley DSBPublic · grades JK–81.3 km88%Grade 6 average
St Michael Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81.8 km82%Grade 6 average
Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–65.2 km92%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–122.6 km57%Grade 9 math
A B Lucas Secondary SchoolThames Valley DSBPublic · grades 9–122.7 km75%Grade 9 math
London Central Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion3.1 km81%Grade 9 math
Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–123.4 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in East B are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record