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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13782160For SaleCondominium

901-1235 Richmond St

East B, London East, Ontario N6A 0C1

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901-1235 Richmond St, London East, photo 1
Asking$559,900
Bedrooms
3
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$509at the range’s middle
Tax a year
$3,7552025 tax year
Built
11-15
Parking
0none
Days on market
Members

The brief

About 901-1235 Richmond St

901-1235 Richmond St is a 3-bedroom, 2-bathroom condo in East B, London East, listed for sale at an asking price of $559,900 (MLS® X13782160).

Available for vacant possession, this is an excellent opportunity for parents looking to secure housing for a student, end users wanting flexibility, or investors seeking a turnkey property in one of London's most established student communities. The Luxe is London's premier purpose built student condominium residence, offering an unmatched combination of convenience, security, and lifestyle. Residents enjoy exceptional amenities including 24-hour concierge service, a world-class fitness centre, games room, board rooms, rooftop patio, 40-person theatre, on-site convenience store, and Starbucks. Safe, convenient, and an outstanding investment opportunity, the building also offers complimentary winter shuttle service to Western University and CF Masonville Place. This quiet end unit features approximately 990 square feet of well-designed living space with 3bedrooms, updated carpeting and mattresses, stainless steel appliances, granite countertops, and all furniture included. Heat, air conditioning, and water are all included in the condo fees, making ownership simple and stress-free. Be quick - opportunities like this do not last long.

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Shortfall

    −$1,030/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 6 homes with 3 bedrooms for lease in East B right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,755 / 2025
MLS® number
X13782160
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
11-15
Days on market
Size
1000-1199 sqft
Listed on
Parking
None, 0 Parking
Listing brokerage: ROYAL LEPAGE TRILAND REALTYData 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
Condo Apt
Style
Apartment
Community
East B
Municipality
London East

Building

Size
1000-1199 sqft
Building Age
11-15
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 3pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
All furniture included with exception of staging furniture, contact realtor for list.
Condo maint.
$612

Rooms

RoomSizeFeaturesLevel
Kitchen3.36 × 5.98 mStainless Steel Appl, Granite Counter, Tile FloorMain
Living3.36 × 3.89 mWindow Flr to CeilMain
Primary2.76 × 5.09 m3 Pc Ensuite, W/I Closet, Window Flr to CeilMain
2nd Br2.9 × 3.89 mWindow Flr to CeilMain
3rd Br2.9 × 3.74 mWindow Flr to CeilMain

Listing history

Buy/sell history for 901-1235 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$559,900N/AFor SaleX13782160

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $111,980

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
$111,980
Total mortgage amount
$447,920
Total interest payment
$318,580
Total purchase cost
$878,480
Mortgage payment
$2,555/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

52%

Monthly carrying cost

$3,480
−$1,030per month
  • Rent $2,450
  • Shortfall $1,030

Rental income opens at $2,450, the median asking rent of 6 comparable homes for lease in East B. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$7,673
Total land transfer tax
$7,673
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,673
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 $559,900
$3,198
Ontario total
$7,673

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

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 2026-11-03
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: 8.4 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: 8.4 km8.4 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, 680 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

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–81.2 km80%Grade 6 average
Old North Public SchoolThames Valley DSBPublic · grades JK–81.5 km88%Grade 6 average
Stoneybrook Public SchoolThames Valley DSBPublic · grades JK–81.8 km86%Grade 6 average
École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–85.4 km72%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–122.7 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 Immersion3.2 km81%Grade 9 math
Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–123.5 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