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31 - 1548 Richmond Street

31 - 1548 Richmond Street

London North, ON

  • 4 bed
  • 4 bath
  • approx. 1600-1799 sqft
  • Condo Townhouse
$509,000

Perfectly positioned in a quiet and private setting within the highly desirable Richmond Manor community, this spacious 3-storey townhouse offers an exceptional combination of comfort, flexibility, and investment potential. Featuring 4 above-grade bedrooms, 3.5 bathrooms, including 2 private ensuites, the home offers a versatile layout ideal for growing families, multi-generational living, or investors.Tucked further inside the community, the property enjoys a more peaceful setting with enhanced privacy while remaining conveniently close to everything North London has to offer. The main-floor bedroom with its own ensuite provides exceptional flexibility, making it ideal for family members seeking a private living space or for tenants who value privacy-an especially attractive feature for room-by-room rentals.The bright, open-concept second level features a spacious living and dining area with a cozy gas fireplace, an eat-in kitchen, convenient in-suite laundry, and a walkout to a private backyard deck. The third floor offers three additional bedrooms, including a generous primary suite with its own ensuite.With 4 above-grade bedrooms and a highly functional layout, the property offers excellent rental potential and the flexibility to maximize income by leasing all four bedrooms individually. Additional features include a single-car garage, driveway parking, and ample visitor parking for added convenience.Ideally located just minutes from Western University, University Hospital, Masonville Place, restaurants, parks, and public transit, this home is situated in one of London's most established rental areas. Whether you're an investor looking for strong tenant demand and income potential, or a family seeking space, privacy, and a convenient North London location, this property offers an outstanding opportunity.

Listing Details

Taxes (2025)
$5,314
Listed
September 22, 2026

Price History

Listing history

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Property

Style
3-Storey
Age
31-50
Construction
Aluminum Siding, Brick
Roof
Shingles
Foundation
Other
Interior
Primary Bedroom - Main Floor

Parking

Garage
Attached
Covered Spaces
1
Total Parking
2

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Fanshawe Park Rd E & Richmond St
Zoning
R5-5 R9
Parcel Number
087090016
Possession
Flexible
Occupancy
Vacant

Condo

Maintenance Fee
$480/month
Fee Includes
Common Elements Included, Building Insurance Included, Parking Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None

Schools

Elementary

  • Masonville Public School1 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 School1.1 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

  • Stoneybrook Public School1.6 km

    Public · Thames Valley DSB · 570 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 70% met the provincial standard

Secondary

  • A B Lucas Secondary School2.8 km

    Public · Thames Valley DSB · 1495 students

    Grade 10 literacy: 85% met the provincial standard

  • Sir Frederick Banting Secondary School3 km

    Public · Thames Valley DSB · 1590 students

    Grade 10 literacy: 78% met the provincial standard

  • École secondaire catholique Monseigneur-Bruyère3.5 km

    French Catholic · Conseil scolaire catholique Providence · 245 students

    Grade 10 literacy: 93% 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
1,352
Median days on market
27
Sale-to-list price
97.4%

Based on 1,352 recorded sales of residential condo & other properties in London North over the last 12 months.

Rooms

3-piece on Third, 2-piece on Second, 3-piece on Ground, 3-piece on Second

Third

  • Bedroom 214'2" x 12'
  • Bedroom 310'11" x 10'11"
  • Primary Bedroom16'5" x 14'2"

Second

  • Breakfast13'1" x 12'
  • Dining Room15'2" x 10'11"
  • Family Room23' x 13'1"

Main

  • Primary Bedroom16'5" x 13'1"

Listed by

CENTURY 21 KING`S QUAY REAL ESTATE INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$101,800

Estimated Monthly Payment

$2,501

Land transfer tax

Estimated land transfer tax$6,655

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: $2,501/mo (20% down, 5.5%)

Taxes: $443/mo · Insurance: $127/mo

Maint: $480/mo

Estimates only. Consult a financial advisor.

R

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