7 - 1570 Richmond Street
London North, ON
- 5 bed
- 3 bath
- approx. 1400-1599 sqft
- Condo Townhouse
- 61 days on market
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.
Listing Details
- Taxes (2026)
- $4,127
- Listed
- July 13, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Interior
- None
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 3
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- RICHMOND & WESTERN
- Parcel Number
- 087070007
- Possession
- 30-59 days
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $575/month
- Fee Includes
- Common Elements Included, Water Included, Building Insurance Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- None
Schools
Elementary
- Masonville Public School0.8 km
Public · Thames Valley DSB · 755 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 90% met the provincial standard
- St. Kateri Separate School1.2 km
Catholic · London District Catholic School Board · 370 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 58% met the provincial standard
- St Catherine of Siena Elementary School1.6 km
Catholic · London District Catholic School Board · 480 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 58% met the provincial standard
Secondary
- Sir Frederick Banting Secondary School2.9 km
Public · Thames Valley DSB · 1590 students
Grade 10 literacy: 78% met the provincial standard
- A B Lucas Secondary School2.9 km
Public · Thames Valley DSB · 1495 students
Grade 10 literacy: 85% met the provincial standard
- Medway High School3.5 km
Public · Thames Valley DSB · 1435 students
Grade 10 literacy: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N6G
- Population
- 50,940
- Private dwellings
- 20,315
- Median age
- 36.4
- Average household size
- 2.7
- Median household income
- $96,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in London North · last 12 months
- Median sold price
- $650,000
- Homes sold
- 1,381
- Median days on market
- 27
- Sale-to-list price
- 97.4%
Based on 1,381 recorded sales of residential condo & other properties in London North over the last 12 months.
Rooms
4-piece on Second, 2-piece on Main, 3-piece on Basement
Second
- Bedroom 218'4" x 8'5"
- Bedroom 314'10" x 8'5"
- Primary Bedroom15'9" x 17'3"
Main
- Bedroom 415'3" x 15'9"
- Dining Room14'6" x 9'
- Kitchen11'9" x 13'3"
Basement
- Bedroom17'5" x 17'2"
- Office15'3" x 9'11"
Listed by
RE/MAX EXCELLENCE REAL ESTATE
Walk Score
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Location
Street View
Mortgage Calculator
$100,000
Estimated Monthly Payment
$2,456
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,456/mo (20% down, 5.5%)
Taxes: $344/mo · Insurance: $125/mo
Maint: $575/mo
Estimates only. Consult a financial advisor.
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 2 Rooms were rented for $850-$875/month each; 2 rooms were rented $750/M basement suite with den & private bath @ ~$1,000/month.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?