1228 Richmond Street, London East, ON N6A 3M2
East B, London East · Near Richmond St and University Dr · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 8
- Basement
- Finished, Separate Entrance, Apartment
- Lot size
- 35.5 x 125 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $5,959/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Richmond St and University Dr
- Neighbourhood
- East B
More
- Price per sq ft
- ~$615 (at 1,300 sq ft)
- MLS® number
- X14102416
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The home and its surroundings
- In-Law Capability
- In-Law Suite
- School
- Public Transit
- Park
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1228 Richmond Street, London East, ON N6A 3M2
East B, London East · Near Richmond St and University Dr
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Listing history for 1228 Richmond Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1228 Richmond Street
Answers come straight from this home’s MLS® listing.
How much is 1228 Richmond Street listed for, and what would it cost each month?
1228 Richmond Street is listed for $799,900. With 20% down ($159,980), the mortgage payment would be roughly $3,227 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,723 a month, all in. That figure is an illustration, not a quote.
Is 1228 Richmond Street freehold or a condo, and is there a monthly fee?
1228 Richmond Street is a 2-storey detached home in East B, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1228 Richmond Street have?
1228 Richmond Street has 4 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms.
Does 1228 Richmond Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 1228 Richmond Street have a finished basement?
The listing describes the basement as finished, separate entrance, apartment. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 1228 Richmond Street?
1228 Richmond Street is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 1228 Richmond Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 35.5 x 125 ft.
How is 1228 Richmond Street heated and cooled?
Heating is forced air (electric). Cooling is central air.
What are the property taxes for 1228 Richmond Street?
Property taxes are $5,959 a year (2026), or about $497 a month.
Where is 1228 Richmond Street?
1228 Richmond Street is in the East B community of London East. The nearest main intersection is Richmond St and University Dr. The postal code is N6A 3M2.
Is 1228 Richmond Street still for sale?
Yes. It is an active listing (MLS® X14102416). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 1228 Richmond Street asking?
Similar detached homes for sale nearby right now include 1051 Richmond Street N at $895,000 (5+2 bed), 245 Bernard Avenue at $799,900 (4+1 bed) and 569 Cheapside Street at $869,900 (4+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1228 Richmond Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1228 Richmond Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near East B, picked by style, size and price.
2-storey detached home$895,0001051 Richmond Street N, London East5+2 bed · 4 bath · East BCourtesy of: RE/MAX ADVANTAGE REALTY LTD.View home →
2-storey detached home$799,900245 Bernard Avenue, London East4+1 bed · 3 bath · East BCourtesy of: RE/MAX CENTRE CITY REALTY INC.View home →
2-storey detached home$869,900569 Cheapside Street, London East4+3 bed · 5 bath · East BCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →Courtesy of: BLUE FOREST REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.