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For sale
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$499,000

Est. $2,338/mo mortgage

2bd·3ba·1,400-1,599sqft

1500 Richmond Street #25 · London North, N6G 4T6

MLS® X13788712

2 days on market

Listed Sep 15, 2026

Listing courtesy of Call It Closed International Brokerage·Updated 2 hours ago

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

Interior
1400-1599 sqft
Rooms
9 rooms
Bathrooms
2 × 4-piece, 1 × 5-piece
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air
Laundry
Y

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

AI property estimate

$545,000Estimate is ~9.2% above asking

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

$490,500$599,500

81% confidence · 38 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Masonville

London North, ON

Upscale living near Western University and Masonville Place.

Monthly paymentest. $3,617/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,338
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Condo fee$625
Total monthly$3,617
Land transfer tax$6,455 on closing

Ontario LTT

$6,455

First-time rebate

$4,000

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

Price & listing history

$499,000

Listed Sep 15, 2026

On the market

Sold comparables nearby

108 - 5 Jacksway Crescent, London NorthSold

$310,000

108 - 5 Jacksway Crescent, London North

2 bd·2 ba·900-999 sqft
#26 - 30 Doon Drive, London NorthSold

$635,000

#26 - 30 Doon Drive, London North

2 bd·3 ba·1,800-1,999 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London North

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$549,950

Sale-to-list ratio

97.8%

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$1,975/mo median for 2 bed nearby

$1,975/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 12 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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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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