1548 Richmond Street #31 · London, N6G 4W8
MLS® X13814238
Listed Sep 22, 2026
Listing courtesy of Century 21 King`s Quay Real Estate INC.·Listing last changed Sep 22
Key facts
- Property type
- Condo townhouse
- Square footage
- 1,600-1,799 sqft
- Storeys
- 3
- Age
- 31-50 years
- Parking
- 2 spaces
- Property tax
- $5,314/yr (2025)
Description
Perfectly positioned in a quiet and private setting within the highly desirable Richmond Manor community, this spacious 3-storey townhouse offers an exceptional combination of comfort, flexibility, and investment potential. Featuring 4 above-grade bedrooms, 3.5 bathrooms, including 2 private ensuites, the home offers a versatile layout ideal for growing families, multi-generational living, or investors.Tucked further inside the community, the property enjoys a more peaceful setting with enhanced privacy while remaining conveniently close to everything North London has to offer. The main-floor bedroom with its own ensuite provides exceptional flexibility, making it ideal for family members seeking a private living space or for tenants who value privacy-an especially attractive feature for room-by-room rentals.The bright, open-concept second level features a spacious living and dining area with a cozy gas fireplace, an eat-in kitchen, convenient in-suite laundry, and a walkout to a private backyard deck. The third floor offers three additional bedrooms, including a generous primary suite with its own ensuite.With 4 above-grade bedrooms and a highly functional layout, the property offers excellent rental potential and the flexibility to maximize income by leasing all four bedrooms individually. Additional features include a single-car garage, driveway parking, and ample visitor parking for added convenience.Ideally located just minutes from Western University, University Hospital, Masonville Place, restaurants, parks, and public transit, this home is situated in one of London's most established rental areas. Whether you're an investor looking for strong tenant demand and income potential, or a family seeking space, privacy, and a convenient North London location, this property offers an outstanding opportunity.
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Property details
Interior
- Size
- 1,600-1,799 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 3-piece on Third, 1 × 2-piece on Second, 1 × 3-piece on Ground, 1 × 3-piece on Second
- Basement
- None
- Heating
- Forced Air
- Cooling
- Central Air
- Ensuite laundry
- No
Building & lot
- Type
- Condo townhouse, 3-Storey
- Age
- 31-50 years
- Exterior
- Aluminum Siding, Brick
- Foundation
- Other
- Roof
- Shingles
- Storeys
- 3
- Exposure
- South
Parking
- Garage
- 1 car Attached
- Parking
- 2 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $480/mo
- Fee includes
- parking
- Pets
- Yes, with restrictions
- Property tax
- $5,314/yr (2025)
- Corporation
- MCC 208
- Managed by
- Arnsby
Rooms
Main
- Primary Bedroom, 3 Pc Ensuite
- 5 × 4 m
Second
- Dining Room
- 4.63 × 3.33 m
- Breakfast
- 4 × 3.67 m
- Family Room, Fireplace
- 7 × 4 m
Third
- Primary Bedroom, 3 Pc Ensuite
- 5 × 4.33 m
- Bedroom 3
- 3.33 × 3.33 m
- Bedroom 2
- 4.33 × 3.67 m
Estimated value range
$484K to $534K
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
DirectionsLondon North, ON
Established subdivision east of Masonville surrounded by the Stoney Creek Valley.
Schools nearbyclosest is Masonville Public School, 990 m
Elementary
- 8.5
Masonville Public School
990 m · Grades JK-8
Thames Valley District School Board
- 8.0
St. Kateri Separate School
1000 m · Grades JK-8
London District Catholic School Board
- 7.1
Stoneybrook Public School
1.5 km · Grades JK-8
Thames Valley District School Board
Secondary
- 6.8
A B Lucas Secondary School
2.7 km · Grades 9-12
Thames Valley District School Board
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. $3,663/mo all in
Monthly payment estimate
Land transfer tax$6,655 on closing
Ontario LTT
$6,655
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 22, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold20 - 270 North Centre Road, London North
Sold38 - 14 Doon Drive, London North
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBalanced market in London
5.9 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 95.4% of asking.
Avg. sold price
$500,000
Sale-to-list ratio
95.4%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $130,000 household income
Minimum household income required
$130,000
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$3,550/mo median for 4 bed nearby
$3,550/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 29 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.
Get notified about similar homes
New condo townhouse listings in Stoneybrook.
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.
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