Homes for Sale in London, Ontario
1574 Richmond Street #3
London North, N6G 5H7·MLS® X13570322·
Listing courtesy of Thrive Realty Group INC.·Updated 5 hours ago
Listing price
$649,900
Est. $3,095/mo
Days on market
Listed Jul 16, 2026
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.
Property details
Garage
2 car Attached
Basement
Full, Finished with Walk-Out, Finished
Parking
4 spaces
Type
Condo Townhouse — Bungalow
Heating
Forced Air
AI property estimate
57% confidence · 10 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
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
Sold comparables nearby
Sold$310,000
108 - 5 Jacksway Crescent, London North
Sold$635,000
#26 - 30 Doon Drive, London North
See all 10 comparables
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Market conditions · North G
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,600
Rental yield
4.8%
Est. cash flow
-$1,584
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$156,914
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$500,880
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