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$619K · 3 bed Condo Apartment · East B, London East | MyPropertyScout

$619,000

Unit 1218

32TenantOccupied

Map

$619,000

F●●●○○

Unit 1218

1235 Richmond Street · London East · Ontario N6A 0C1

MLS® X12665266 · East B · N6A 0C1

32TenantOccupied900-999 ft²Condo ApartmentNone$652/ft²$3,025 tax/yrBuilt 201313 yrs old

28% above market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to Unit 1218 at Luxe London, a premium 3-bedroom, 2-bathroom corner unit offering stunning, unobstructed views and abundant natural sunlight from its large windows and 9'ceilings. Located just a short walk to Western University, this fully furnished unit features a modern gourmet kitchen with stainless steel appliances, granite countertops, and a stylish backsplash. The spacious master bedroom includes a walk-in closet and private 3-piece ensuite while the two additional bedrooms share a…

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Property details

MLS#: X12665266
Status: Buy Now
Beds: 3
Baths: 2 full, 0 half
Size: 900-999
Style: Apartment
Type: Condo Apartment
Year built: —

Foundation: Concrete

View: Bridge, Garden, Park/Greenbelt, River, Trees/Woods

Condo corp #: 854
Balcony: None
Locker: None
Association amenities: Bike Storage, Game Room, Gym, Media Room, Recreation Room, Sauna
Fees include: Heat Included, Water Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Stone
Fronting on: —
Cross street: North of Western Gates just past Richmond Street
Basement: None
Stories: 12
Utilities: —
Laundry: Common Area, Coin Operated
Interior: None
Parking features: None

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX CENTRE CITY REALTY INC.

Source: TRREB/PROPTX · MLS® X12665266

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$619K

Unit 1218 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $619,000✓ $3,025 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,287/mo

incl. closing costs (yr 1)

Annual total

$63,449

year 1

Mortgage only

$2,348/mo

principal + interest

Beyond mortgage

$1,743/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$123,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$252/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%$6,190/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)$45/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,855

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $28,180/yr

Property taxes19% $11,880/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $6,190/yr

Condo fees10% $6,540/yr

Closing costs8% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$28,180	$2,348/mo
Government & taxes
Property tax	$3,025	$252/mo
Land transfer tax(closing)	$8,855	$738/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%)	$6,190	$516/mo
Condo fees
Condo / HOA fees	$6,540	$545/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	$63,449	$5,287/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 1218

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs