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$480K · 2 bed Condo Apartment · East B, London East | MyPropertyScout

$479,900

Unit 1606

22Vacant

Map

$479,900

B●●●○○DOM14days

Unit 1606

1235 Richmond Street · London East · Ontario N6A 0C1

MLS® X13439336 · East B · N6A 0C1

22Vacant900-999 ft²Condo Apartment1-car Underground14d$505/ft²$3,554 tax/yrBuilt 201313 yrs old

1% below market · 14 days on market

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

About this home

Priced well below recent sales! This is the larger 2 bed layout that offers a full bathtub in the primary ensuite (not just a shower stall) and comes with 1 owned parking space in the security controlled garage. Amazing 16th floor views overlooking parkland and Richmond Street. Freshly painted and cleaned - move-in condition! All furniture, TV and window coverings included. Condo fee is $567/mth which includes heat, water and all building amenities - fitness & yoga studio, 40 seat theatre (avail…

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Property details

MLS#: X13439336
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 900-999
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 854
Balcony: None
Locker: None
Association amenities: Bike Storage, Concierge, Elevator, Game Room, Gym, Rooftop Deck/Garden
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Richmond St & Raymond St
Basement: None
Stories: 16
Utilities: —
Laundry: Coin Operated
Interior: None
Parking features: Covered

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

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: SUTTON GROUP - SELECT REALTY

Source: TRREB/PROPTX · MLS® X13439336

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$480K

Unit 1606 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $479,900✓ $3,554 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,478/mo

incl. closing costs (yr 1)

Annual total

$53,740

year 1

Mortgage only

$1,821/mo

principal + interest

Beyond mortgage

$1,693/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$95,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$296/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%$4,799/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$6,073

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $21,847/yr

Property taxes18% $9,627/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,799/yr

Condo fees13% $6,807/yr

Closing costs9% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$21,847	$1,821/mo
Government & taxes
Property tax	$3,554	$296/mo
Land transfer tax(closing)	$6,073	$506/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%)	$4,799	$400/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	$53,740	$4,478/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 1606

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs