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7 - 1570 RICHMOND STREET, London North, Ontario

$549,900

5 Beds
3 Baths

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.Certain photos have been virtually staged for illustrative purposes to demonstrate the room's space and potential. (id:23309)

Listing ID: X13501922
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Primary Bedroom	Second level	4.81 m x 5.25 m
Bedroom 2	Second level	5.59 m x 2.56 m
Bedroom 3	Second level	4.53 m x 2.57 m
Bedroom	Basement	5.31 m x 5.22 m
Office	Basement	4.65 m x 3.03 m
Kitchen	Main level	3.59 m x 4.04 m
Dining room	Main level	4.43 m x 2.74 m
Bedroom 4	Main level	4.64 m x 4.8 m

Details

Community Features: Pets Allowed With Restrictions
Equipment: None
Maintenance Fee: 575.00
Maintenance Fee Type: Common Area Maintenance, Water, Insurance, Parking
Maintenance Fee Payment Unit: Monthly
Management Company: Thorne
Ownership: Condominium/Strata
Parking Spaces: 3
Rental Equipment: None
Transaction: For sale

Building

Appliances: Window Coverings
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 4
Bedrooms Lower Level: 1
Cooling: Central air conditioning
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Bathrooms (Half): 1
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1400 - 1599 sqft
Stories Total: 2
Type: Row / Townhouse

Land

Listing provided by RE/MAX EXCELLENCE REAL ESTATE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 7 - 1570 RICHMOND STREET in London Ontario. It was last modified on June 29th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other London condos for sale.

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