1 day on Market

1570 Richmond St #7, London North, Ontario N6G 4W1

In the same building:
-
Condo
4 + 1
3
~1400-1599 sqft
$•••,•••
$549,900
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Condo
4 + 1
3
~1400-1599 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$368/sqft

Monthly cost

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Description

Prime Location! Welcome to The Gables, just minutes from Western University, University Hospital, Masonville Place, transit, shopping, restaurants, and downtown London. This spacious townhouse offers 3 finished levels with 5 bedrooms, 3 bathrooms, a bright main floor with upgraded flooring, gas fireplace, open kitchen and dining area, plus a finished basement featuring a bedroom, office, and private 3-piece bath. Enjoy a private rear deck and exclusive front patio. Low condo fees make this an excellent opportunity for homeowners and investors alike. Outstanding investment potential! 2 Rooms were rented for $850-$875/month each; 2 rooms were rented $750/M basement suite with den & private bath @ ~$1,000/month. Estimated rental potential is approximately $4,250/month which gives roughly $1000/m positive cash flow. A great opportunity for investors or parents looking to house children attending Western University while offsetting ownership costs.Tankless water Heater Owned.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1400-1599 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberX13501922
Community NameMasonville
Data SourceTRREB
Listing byRE/MAX EXCELLENCE REAL ESTATE

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Full

Main Floor

Kitchen

3.59 x 4.04

Dining

4.43 x 2.74

4th Br

4.64 x 4.8

Gas Fireplace


Parking

Garage spaces 1

Garage type Detached

Other parking spaces 2

Total parking spaces 3


Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 29, 2026
ListedActive
$549,900
1 day on market
history photo preview37
Listing by trreb®
Property listed by RE/MAX EXCELLENCE REAL ESTATE, Brokerage
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Population and Demographics

Overview

Total population 7414
Average household income $166,366

Age (%)

0 to 19
19%
20 to 34
23%
35 to 49
14%
50 to 64
19%
65 and plus
25%

Household composition (%)

Single family
66%
Single person
26%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
74%
Mandarin
7%
Others
5%
Arabic
4%
Korean
2%
Italian
1%
Spanish
1%
French
1%
Polish
1%

House tenancy (%)

Owners
65%
Renters
35%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget