$509,000
London North
#31 1548 Richmond Street, London North (North G), Ontario, N6G4W8
This 4-bedroom, 4-bathroom condo in London North is for sale offering roughly 1,700 sq ft of space. Its $509,000 asking price sits right in line with the $509,000 median in London North.
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. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 45 days on market, against an average age of 42 days across the listings currently for sale in this city
This 4-bed single family in London North (North G) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $509,000, about 5.3× the local median household income of $96,000.
Carrying it typically needs a household income of about $99,426 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6G)
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