31 - 1548 RICHMOND STREET, London North (North G)

$509,000

For sale: Townhouse

Townhouse at 31 - 1548 RICHMOND STREET, London North (North G)
Property type
Condo Townhouse
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
1,799 sqft
MLS®
MLS® X13814238
Neighbourhood
North G

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.

Sold data

Townhouse homes in London North (North G) — recent sold market

Townhouse homes in London North (North G) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 54, across 193 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $459,900.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$459,900
Sale-to-list ratio
97.5%
Sold above asking
10%

Based on 193 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London North (North G)

London North (North G) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London North (North G)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 31 - 1548 RICHMOND STREET