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For sale
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$498,000

Estimated value $473K–$523K

Est. $2,333/mo mortgage

4bd·4ba·1,600-1,799sqft

1548 Richmond Street #7 · London North, N6G 4W7

MLS® X13551790

94 days on market94 days on market

Listed Jul 10, 2026

Listing courtesy of Century 21 Mypro Realty·Listing last changed Aug 6

Key facts

Property type
Condo Townhouse
Square footage
1600-1799 sqft
Storeys
1
Age
31-50 years
Parking
2 spaces
Property tax
$5,230/yr (2025)

Description

Location! Location! Location! Welcome to Richmond Manor, one of London's most sought-after condo complexes for growing families, multi-generational living or premium rental income. This spectacular 3-story townhouse features 4 spacious bedrooms above ground level and 3.5 bathrooms, including 2 Master Bedrooms with private ensuites. The main level offers a private master bedroom with an ensuite bath. The bright and airy second level boasts an open-concept living/family room with a cozy gas fireplace, a walk-out to the private back deck/patio, an eat-in kitchen, an office/bedroom, a powder room, and in-suite laundry. The third level provides 3 additional bedrooms (including the second master ensuite) and another full bath. Complete with a single-car garage, driveway parking, and ample visitor parking. Unbeatable prime location-just a short walk to Western University, University Hospital, and CF Masonville Place. Excellent direct bus routes are right at your doorstep. Easily rented with incredible tenant demand. Perfect hands-off addition to your investment portfolio! Don't miss out, book your showing today!

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Property details

Interior

Size
1600-1799 sqft
Rooms
5 rooms
Bathrooms
1 × 3-piece on Main, 1 × 2-piece on Second, 2 × 4-piece on Third
Basement
None
Heating
Forced Air
Cooling
Central Air
Laundry
N

Building & lot

Type
Condo Townhouse, 3-Storey
Age
31-50 years
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Storeys
1
Exposure
West

Parking

Garage
1 car Attached
Parking
2 spaces
Locker
None

Fees & taxes

Condo fee
$462/mo
Fee includes
parking, taxes
Pets
Yes-with Restrictions
Property tax
$5,230/yr (2025)
Corporation
MCC 208
Managed by
Arnsby Prop Management

Rooms

Main

Bathroom, 3 Pc Ensuite
2.16 × 1.73 m
Bedroom, 3 Pc Ensuite
3.67 × 4.2 m

Second

Kitchen
3.78 × 3.14 m
Dining Room
4.23 × 3.03 m
Laundry
1.83 × 0.73 m
Living Room
6.48 × 3.67 m

Third

Primary Bedroom, 4 Pc Ensuite
3.87 × 6.2 m
Bedroom 2
2.99 × 3.07 m
Bathroom, 4 Pc Bath
1.84 × 2.4 m
Bathroom, 4 Pc Ensuite
1.51 × 2.2 m
Bedroom 3
3.97 × 3.38 m

Estimated value range

$473K–$523K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Stoneybrook →

London North, ON

Established subdivision east of Masonville surrounded by the Stoney Creek Valley.

Monthly paymentest. $3,449/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,333
Property tax$436
Insurance (est.)$104
Utilities (est.)$250
Condo fee$462
Total monthly$3,585
Land transfer tax$6,435 on closing

Ontario LTT

$6,435

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$498,000

Listed Jul 10, 2026

On the market

Sold comparables nearby

38 - 14 Doon Drive, London NorthSold

38 - 14 Doon Drive, London North

3 bd·2 ba·1,400-1,599 sqft
56 - 70 Sunnyside Drive, London NorthSold

56 - 70 Sunnyside Drive, London North

4 bd·4 ba·1,800-1,999 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.4 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$490,833

Sale-to-list ratio

95.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $123,000 household income

Minimum household income required

$123,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$3,600/mo median for 4 bed nearby

$3,600/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 29 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Oak and Key Real Estate Brokerage Inc.

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519-859-4579 · colin@searchlondonhomes.com

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