263 Richmond Street · Parkhill, N0M 2K0
MLS® X13794060
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.
Monthly paymentest. $2,801/mo all in
Monthly payment estimate
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
Listed Sep 16, 2026
Sold comparables nearby
Sold131 Prince Street, Parkhill
Sold194 West Park Drive, Parkhill
See what these 6 homes sold for
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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.
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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Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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