7 - 1570 RICHMOND STREET, London North (North G)
$499,999
For sale: Townhouse
- Property type
- Condo Townhouse
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 1,599 sqft
- MLS®
- MLS® X13557412
- Neighbourhood
- North G
Prime Location! Welcome to The Gables, just minutes from Western University, University Hospital, Masonville Place, transit, shopping, restaurants, and downtown London. This spacious townhouse offers 3 finished levels with 5 bedrooms, 3 bathrooms, a bright main floor with upgraded flooring, gas fireplace, open kitchen and dining area, plus a finished basement featuring a bedroom, office, and private 3-piece bath. Enjoy a private rear deck and exclusive front patio. Low condo fees make this an excellent opportunity for homeowners and investors alike. Outstanding investment potential! 2 Rooms were rented for $850-$875/month each; 2 rooms were rented $750/M basement suite with den & private bath @ ~$1,000/month. Estimated rental potential is approximately $4,250/month which gives roughly $1000/m positive cash flow. A great opportunity for investors or parents looking to house children attending Western University while offsetting ownership costs.Tankless water Heater Owned.Certain photos have been virtually staged for illustrative purposes to demonstrate the room's space and potential.
Sold data
Townhouse homes in London North (North G) — recent sold market
Townhouse homes in London North (North G) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 53, across 201 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $459,901.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 32
- Median sale price
- $459,901
- Sale-to-list ratio
- 97.5%
- Sold above asking
- 11%
Based on 201 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 7 - 1570 RICHMOND STREET
$480,000
Townhouse5+231,200–1,399 sqft29 - 600 SARNIA ROAD, North I, London North
$525,000
Townhouse5+231,200–1,399 sqft23 - 600 SARNIA ROAD, North I, London North
$449,000
Townhouse5+141,200–1,399 sqft25 - 505 PROUDFOOT LANE, North N, London North
$399,900
Townhouse5+231,200–1,399 sqft3 - 190 FLEMING DRIVE, East D, London East
$479,900
Townhouse4+131,000–1,199 sqft17 - 2635 BATEMAN TRAIL, South W, London South
$364,000
Townhouse5+231,200–1,399 sqft25 - 190 FLEMING DRIVE, East D, London East
$539,000
Townhouse4+131,600–1,799 sqft60 - 320 AMBLESIDE DRIVE, North A, London North
$474,900
Townhouse331,600–1,799 sqft21 - 410 AMBLESIDE DRIVE, North A, London North