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For sale
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$475,000

Estimated value $451K to $499K

Est. $2,225/mo mortgage

2bd·3ba·1,400-1,599sqft

1500 Richmond Street #25 · London, N6G 4T6

MLS® X13788712

45 days on market45 days on market

Listed Sep 15, 2026

Listing courtesy of Call It Closed International Brokerage·Listing last changed 3 days ago

Open houses

  • Sat, Oct 31 · 1:00 to 3:00 p.m.
  • Sun, Nov 1 · 1:00 to 3:00 p.m.

Key facts

Property type
Condo townhouse
Square footage
1,400-1,599 sqft
Storeys
1
Parking
4 spaces
Property tax
$4,644/yr (2026)

Description

A rare walk-out in the heart of Masonville-and the best-positioned unit currently offered for sale within the complex. Unit 25 at 1500 Richmond Street features two spacious bedrooms, three bathrooms, newer decks and fresh paint throughout. The expansive primary suite includes a walk-in closet and private ensuite with a dedicated tub and separate shower stall. One of only a limited number of walk-out units in the development, the home benefits from abundant natural light, enhanced privacy and convenient outdoor access. Its functional layout provides plenty of flexibility for everyday living, entertaining or working from home. Ideally suited to healthcare professionals at University Hospital, Western University faculty and staff, Masonville-area employees, or parents investing in a home for their university-aged children. The location places Western University, Masonville Place, restaurants, entertainment, public transit and major routes close at hand. Whether purchasing for yourself or seeking a well-positioned North London investment, this property offers the space, location and rare walk-out design that set it apart. Book your private showing today.

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Property details

Interior

Size
1,400-1,599 sqft
Rooms
9 rooms
Bathrooms
2 × 4-piece, 1 × 5-piece
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
Yes

Building & lot

Type
Condo townhouse, Bungalow
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Storeys
1
Exposure
North West

Parking

Garage
2 car Attached
Parking
4 spaces
Locker
None

Fees & taxes

Condo fee
$625/mo
Pets
Yes, with restrictions
Property tax
$4,644/yr (2026)
Corporation
33 260
Managed by
Dickenson

Rooms

Main

Bedroom
3.38 × 4.56 m
Bathroom, 5 Pc Ensuite
2.37 × 2.41 m
Bedroom
4.69 × 6.33 m
Laundry
2.01 × 0.74 m
Dining Room
3.06 × 3.99 m
Foyer
2.6 × 4.97 m
Bathroom, 4 Pc Bath
2.37 × 1.5 m
Kitchen
5.89 × 2.46 m
Living Room
6.65 × 5.42 m

Basement

Family Room
7.3 × 3.96 m
Bathroom, 4 Pc Bath
1.47 × 2.49 m
Other
4.69 × 7.95 m
Utility Room
5.89 × 3.06 m

Estimated value range

$451K to $499K

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.

Schools nearbyclosest is St. Kateri Separate School, 950 m

Elementary

  • St. Kateri Separate School

    950 m · Grades JK-8

    London District Catholic School Board

    8.0
  • Masonville Public School

    1.4 km · Grades JK-8

    Thames Valley District School Board

    8.5
  • Stoneybrook Public School

    1.5 km · Grades JK-8

    Thames Valley District School Board

    7.1

Secondary

  • A B Lucas Secondary School

    2.7 km · Grades 9-12

    Thames Valley District School Board

    6.8

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,586/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,225
Property tax$387
Insurance (est.)$99
Utilities (est.)$250
Condo fee$625
Total monthly$3,586
Land transfer tax$5,975 on closing

Ontario LTT

$5,975

First-time rebate

−$4,000

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

Price & listing history

$475,000

Listed Sep 15, 2026

On the market

Sold comparables nearby

11 - 270 North Centre Road, London NorthSold

11 - 270 North Centre Road, London North

2 bd·3 ba·1,000-1,199 sqft
66 - 250 North Centre Road, London NorthSold

66 - 250 North Centre Road, London North

2 bd·3 ba·1,000-1,199 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

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 98.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$452,667

Sale-to-list ratio

98.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $121,000 household income

Minimum household income required

$121,000

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

Not sure about financing? Call Colin at (226) 212-5099 or text

Rental market$2,075/mo median for 2 bed nearby

$2,075/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 8 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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