695 Richmond St.
695 Richmond Street
Units198
Floors18
Built1991
Registered as condos1989
Average MLS Selling Price 2024 (first 8 months), 1 bedroomNo MLS sales
Average MLS Selling Price 2024 (first 8 months), 2 bedroom$382,200 (based on 5 MLS sales)
Average MLS Selling Price 2023, 1 bedroom$346,900 (based on 3 MLS sales)
Average MLS Selling Price 2023, 2 bedroom$399,300 (based on 2 MLS sales)
Average MLS Selling Price 2022, 1 bedroom$341,700 (based on 3 MLS sales)
Average MLS Selling Price 2022, 2 bedroom$484,900 (based on 7 MLS sales)
Average MLS Selling Price 2021, 1 bedroom$330,900 (based on 2 MLS sales)
Average MLS Selling Price 2021, 2 bedroom$350,700 (based on 8 MLS sales)
Average MLS Selling Price 2021, 3 bedroomSample size (1) too small to report
* Premiums for higher floors
* Premiums for some floor plans (e.g. corner units, larger floor plan, or more windows)
Amenities
Details:
Security 24/7 at the front door! Features include underground parking with above ground guest parking, an indoor pool with an outdoor deck, sauna and whirlpool. Buses at the front door, about a ten minute bus ride to the University. A four minute walk to Victoria Park to the south and even less of a walk to the public Tennis Courts to the east near the Siskinds playground on Kenneth Avenue just east of Waterloo street. There is grocery shopping on Oxford Street to the north east at “Valu-mart”, one block away. This location is a hub of vibrant activity. 2023 saw updates to the indoor pool area, the workout room and the terrace. It is also a favorite neighbourhood to visit on Saint Patrick's Day.
This building has four condo units on the main floor, twelve units on the second to seventeen floors and eight units on the top level. The condo fees in 2024 on a two-bedroom unit are in the $585.00 price range and $792.00 on the top floor four-bedroom 1,800 sq. ft. units. Yes, these units have central air. There are three different two-bedroom model styles. The units on the north side of the building face a train track and the rear units enjoy western exposure. Units in this building do not have balconies and these units have large bright windows.
A special note to all of our Toronto readers who make up a big chunk of our internet readership! From experience we know that there are a lot of mums out there joining up with other mums in trying to find a unit in this building for their son or daughter going into their second year at Western University. Are these units good investments? That leads one to ask the question is it better to lease than buy if your expected holding period is perhaps two or three years? Look at the above selling prices. All we can say is making that decision has to be your call.
Dundas Street, London's main artery running east and west is ten blocks away to the south. It now sports a new design called a “flex street” (a street paved with brick and no curbs). Construction booms are now starting to dot the downtown landscape. Fanshawe College now has a new satellite campus up and operational on Dundas Street just west of Richmond Street just west of Richmond Street in the old Kingsmill's Department Store. New life is coming to our downtown core.
Noticeable improvements are now happening in the downtown core with three high-rise rental buildings soon to be complete in 2024 and talks of another massive development coming to a 'Forks of the River' site.
This building has four units on the main floor, twelve units on the 2nd to 17th floors and eight units on the 18th floor. Mostly two bedroom units with sizes of 942; 1,050; 1,259; 1,322; 1,368 and 1,371 square feet. The one bedroom units are 852 and 940 square feet and the small number of three bedroom units are 1,380; 1,800; 2,300; 2,350 and 2,380 square feet. Known condo fees on a larger two bedroom units in 2023 are in the $495.00 and $512.00 price range and known condo fees for a 940 square foots one floor unit in 2022 was $355.00 per month. Prices may vary for condition and for the location within the building. The units on the north side of the building face onto train tracks.
If you're a long time reader of this website you will know that we have always highly recommended this building.
The nightlife, the shopping, the restaurants... - Image Gallery!
A note to all Western University Students who graduated ten or fifteen years ago, who now live “out-of-town”. Remember the fond memories you have of frequenting this neighbourhood? If you just visited out nightlife-shopping slide show, we would like to tell you that gone is “Smitty’s”; “The Bagel Deli”; “The Keg” (they moved up to the Masonville Mall) and “Williams Coffee Shop”. It is now a “Libro”. Yet some good things remain like “T.J. Baxters”, the “Souvlaki Wagon” and “Valu-mart”. The more things change, the more they stay the same.
Property Manager
Dickenson 519-666-2332