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1574 Richmond Street #3

London North, N6G 5H7·MLS® X13570322

Listing courtesy of Thrive Realty Group INC.·Updated Jul 16

Listing price

$649,900

Est. $3,095/mo

Days on market

46

Listed Jul 16, 2026

For sale
1 / 46
2bd·3ba·1,200-1,399sqft

Description

Welcome to Unit 3 at 1574 Richmond Street, a beautifully maintained bungalow-style condo in the highly sought-after Richmond Rise community. Just steps from Western University, University Hospital, Masonville Place, shopping, restaurants, and transit, this home offers an exceptional opportunity for professionals, empty nesters, investors, or families with students attending Western.Offering 2 bedrooms and 2.5 bathrooms, this bright and spacious home features an open-concept layout with soaring ceilings. The well-appointed kitchen offers ample storage and flows seamlessly into the living and dining areas, creating the perfect space for everyday living and entertaining.The generous primary suite features ample closet space and a private 3-piece ensuite, while the second bedroom provides flexibility for guests, a home office, or additional living space. Convenient main floor laundry adds to the home's functional layout.The finished walkout lower level opens directly onto a private patio, extending your living space outdoors, while the welcoming front porch is the perfect spot to enjoy your morning coffee. An attached double-car garage and beautifully maintained grounds complete this exceptional property.Additional features include both bathrooms renovated approximately five years ago, a dishwasher replaced approximately five years ago, granite countertops, and 100-amp electrical service.Whether you're looking for a low-maintenance home in an unbeatable location, a turnkey investment for Western medical or law students, or a comfortable place to downsize, this rare condo offers the perfect blend of convenience, comfort, and lifestyle.

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Property details

Type
Condo Townhouse — Bungalow
Interior
1200-1399 sqft
Rooms
11 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Main, 1 × 3-piece on Basement
Basement
Full, Finished with Walk-Out, Finished
Heating
Forced Air
Cooling
Central Air
Exterior
Brick, Vinyl Siding
Garage
2 car Attached
Parking
4 spaces
Condo fee
$724/mo
Fee includes
Y
Property tax
$4,979/yr (2025)

AI property estimate

$493,052~24.1% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$443,747$542,357

80% confidence · 39 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Masonville

London North, ON

Upscale living near Western University and Masonville Place.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,095
Property tax$704
Insurance (est.)$135
Utilities (est.)$250
Total monthly$4,184
Land transfer taxOne-time, on closing

Ontario LTT

$9,473

First-time rebate

$4,000

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

Price & listing history

$649,900

Listed Jul 16, 2026

On the market

Sold comparables nearby

9 - 703 Windermere Road, London NorthSold

$495,000

9 - 703 Windermere Road, London North

3 bd·4 ba·1,600-1,799 sqft
108 - 5 Jacksway Crescent, London NorthSold

$310,000

108 - 5 Jacksway Crescent, London North

2 bd·2 ba·900-999 sqft

See what these 6 homes sold for

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Market conditionsLondon North · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$538,283

Sale-to-list ratio

97.8%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$156,914

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$493,052

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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