
1228 Richmond Street
London (East B), ON N6A 3M2
- 4+2Bedrooms
- 2Bathrooms
- 0Garage
- 1100–1500Sq Ft
- $5,959Tax
- 36×125 ftLot Size
- Estimated Value:$600,000See Free Estimate Report

Sale & Price History for 1228 Richmond Street, London, East B
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 1228 Richmond Street, London, East B
Summarized Description
- Located steps from Western University.
- Turn-key investment with income potential.
- Major upgrades for energy efficiency.
- Original hardwood floors add charm.
- Spacious kitchen and large deck.
- Separate basement unit with private laundry.
- Parking available for 4 vehicles.
- Low-maintenance green space enhances appeal.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,959
- Land Transfer Tax Fee
- $12,473
Rental Items
- Rental Equipment
- Hot Water Heater
- Under Contract
- Hot Water Heater
- Basement Type
- Finished, Separate Entrance, Apartment
Interior Features
- Interior Extras
- In-Law Capability, In-Law Suite
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- School, Public Transit, Park
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 35.50 ft
- Lot Depth
- 125.00 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Dishwasher, Dryer, Refrigerator, Stove, Washer.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 2
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Primary Bedroom—Basement level
- Living Room—Basement level
- Foyer—Main level
- Bathroom—Basement level, 3 Pc Bath
- Bedroom 2—Second level
- Bedroom 5—Basement level
- Bedroom 4—Second level
- Kitchen—Basement level
- Laundry—Second level
- Bathroom—Second level, 4 Pc Bath
- Kitchen—Main level
- Laundry—Basement level
- Living Room—Main level, Fireplace
- Bedroom—Main level
- Primary Bedroom—Second level
- Bedroom 3—Second level
Washrooms
- 4-piece, Second
- 3-piece, Basement
- Municipality
- London
- Neighbourhood
- East B
- Main cross streets
- Richmond St and University Dr
- Zoning
- R1-5
- Directions
- From Richmond St turn onto Raymond Ave. Take the first right and the property will be on the right.
- MLS® number
- X14102416
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-21
- Updated on
- 2026-10-21
- Days on market
- 6 days
- Possession type
- Flexible
- Co-op commission
- 2% Plus HST
- Seller
- Listed by
- BLUE FOREST REALTY INC.
Home Market Value
Current home valuation for 1228 Richmond Street, London, East B, London, ON. Listed for $799,900
HOMEH Estimate
$600,000
Estimated Sales Range
$528,750 - $817,137
HOMEH Estimate for 1228 Richmond Street, London, East B
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $299,900 over $500K
$54,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,788 | $22,317 | $19,038 | $0 |
=Total mortgage | $774,495 | $742,227 | $698,953 | $639,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,781monthly | $3,624monthly | $3,413monthly | $3,124monthly |
Land Transfer Tax
$12,473
$12,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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