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$509,000

31 - 1548 Richmond Street

North G, London North · MLS® X13814238

442

Townhouse · Single Family · 32 days on market

listed by PAULINE LU, CENTURY 21 KING'S QUAY REAL ESTATE INC.

realtor's description

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.

property details

type: Townhouse, Single Family
bedrooms: 4
bathrooms: 4
parking: 2
property tax: $5,314 / yr
strata fee: $480 / mo
strata rules: Pets Allowed With Restrictions
days on market: 32
MLS®: X13814238

features

Cul-de-sac
Irregular lot size
Flat site
School Bus
Pets Allowed With Restrictions
Water meter

monthly cost

$3,140/mo

Mortgage $2,218 · Tax $443 · Strata $480

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,218/ monthly

loan $407,200

25-year amortization

down payment20% · $101,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $258,099
cash to close: $101,800; down payment; transfer tax and fees not included
total paid: $665,299

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.