7 - 1570 RICHMOND STREET
London North (North G), Ontario
MLS® X13557412
$499,999
- Status
- Active
- Property type
- House
- MLS® number
- X13557412
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- —
1 / 40Listing description
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.
Property summary
- MLS® number
- X13557412
- Property type
- Single Family
- Building type
- Row / Townhouse
- Title
- Condo/Strata
- Annual property taxes
- $4,127.00
- Parking
- 3 spaces · Detached Garage, Garage
- Days on market
- 45 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Exterior features
- Brick, Vinyl siding
- Community features
- Pets Allowed With Restrictions
- Maintenance fee
- $575 / Monthly
What would this home cost you?
Based on the $499,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX EXCELLENCE REAL ESTATE, MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.