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For sale
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$474,900

Estimated value $451K to $499K

Est. $2,225/mo mortgage

3bd·1ba·1,500-2,000sqft

263 Richmond Street · Parkhill, N0M 2K0

MLS® X13794060

40 days on market40 days on market

Listed Sep 16, 2026

Listing courtesy of Lpt Realty·Listing last changed Oct 16

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
66 × 165 ft
Parking
5 spaces
Property tax
$2,722/yr (2026)

Description

Welcome to 263 Richmond Street in Parkhill, Ontario - an incredible opportunity for first-time buyers, downsizers, retirees, or anyone looking for an affordable, move-in-ready home in a welcoming small-town community. If you've been searching for a one-floor property, this charming approximately 1,600 sq. ft. bungalow may be exactly what you've been waiting for! Step inside to a spacious foyer that flows into the bright living room, open to the dining area and kitchen. The generous main floor offers plenty of comfortable living space, including two additional bedrooms, a three-piece bathroom, and a huge laundry/utility room. The newer addition is truly the heart of the home, featuring an oversized family room filled with natural light from the large front windows and patio doors leading to the covered rear deck. A newer gas fireplace adds warmth and creates the perfect spot to relax and unwind. The spacious primary bedroom is conveniently located next to the family room, completing the functional one-floor layout. Whether you're looking for easy main-floor living or enough room to accommodate a growing family, this home offers flexibility for many stages of life. Numerous updates provide added peace of mind, including a steel roof installed in 2012 with a transferable 50-year warranty, windows replaced approximately eight years ago, a gas furnace installed approximately five years ago, and a new garage door and opener added approximately two years ago. Tucked away near the end of a quiet dead-end street, the property offers a private setting while remaining close to the amenities Parkhill has to offer. Enjoy easy access to two elementary schools, a high school, tennis courts, baseball diamonds, Parkhill Dam for kayaking and boating, the hockey arena and gym facilities, restaurants, shopping, and a grocery store. Small-town charm, convenient amenities, one-floor living, don't miss your opportunity to make this welcoming bungalow your new home.

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Property details

Interior

Size
1,500-2,000 sqft
Rooms
9 rooms
Bathrooms
1 × 3-piece on Main
Basement
Crawl Space
Heating
Forced Air
Cooling
None

Building & lot

Type
Detached, Bungalow
Lot size
66 × 165 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Metal
Water & sewer
Sewer

Parking

Garage
1 car Attached
Parking
5 spaces

Fees & taxes

Property tax
$2,722/yr (2026)

Rooms

Main

Bathroom, 3 Pc Bath
2.41 × 2.48 m
Living Room
6.73 × 3.52 m
Laundry
3.18 × 2.48 m
Kitchen
3.34 × 2.48 m
Primary Bedroom
4.75 × 2.72 m
Bedroom 3
3.1 × 3.5 m
Bedroom 2
2.34 × 3.5 m
Dining Room
2.62 × 2.48 m
Family Room, W/O To Sundeck
8.7 × 6.1 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

Parkhill

North Middlesex, ON

Monthly paymentest. $2,801/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,225
Property tax$227
Insurance (est.)$99
Utilities (est.)$250
Total monthly$2,801
Land transfer tax$5,973 on closing

Ontario LTT

$5,973

First-time rebate

−$4,000

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

Price & listing history

$474,900

Listed Sep 16, 2026

On the market

Sold comparables nearby

131 Prince Street, ParkhillSold

131 Prince Street, Parkhill

3 bd·2 ba·700-1,100 sqft
194 West Park Drive, ParkhillSold

194 West Park Drive, Parkhill

2 bd·1 ba·700-1,100 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

6.9 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

$449,583

Sale-to-list ratio

95.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $115,000 household income

Minimum household income required

$115,000

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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

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(226) 212-5099 · colin@searchlondonhomes.com

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Colin Abbot, Broker, Westwood Realty Team

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

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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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