1235 Richmond Street

- $619,999

London, N6A0C1
MLS ® 40810338

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:38551)

Features

  • Southern Exposure

Location

Details

1235 Richmond Street, , London

  • Land

    Unknown

  • Bedrooms

    3 Bedroom(s)

    3
  • Bathrooms
    2
  • Parking

    Attached Garage, None

    1

Rooms

1235 Richmond Street, , London

  • 3pc Bathroom

    main level

    Measurements not available
  • 3pc Bathroom

    main level

    Measurements not available
  • Bedroom

    main level

    9'6'' x 11'4''
  • Bedroom

    main level

    12'5'' x 9'2''
  • Primary Bedroom

    main level

    16'3'' x 8'9''
  • Kitchen

    main level

    13'9'' x 10'1''
  • Dining Room

    main level

    16'3'' x 10'1''
  • Living Room

    main level

    16'3'' x 10'1''