For Sale: 7-1570 Richmond Street, London, ON - REW
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$499,999
5 bd • 3 ba • 1400 - 1598 sf • Townhouse
7-1570 Richmond Street
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$499,999
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7 - 1570 Richmond StreetLondon, ON, N6G 4W1

Masonville
  • 5 Bed
  • 3 Bath
  • 1400 - 1598 Sqft
  • Townhouse

About this home

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. (id:63626)
Listed by: Nav Bhandal, Salesperson, Re/Max EXCELLENCE REAL ESTATE BROKERAGE

Home facts and features

Price details
List Price
$499,999
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Gross Taxes for 2026
$4,127
Strata Maintenance Fees
$575 Monthly
Home facts
Bedrooms
5
Full Bathrooms
2
Partial Bathrooms
1
Parking Spaces
3
Parking Details
Garage, Detached Garage
Property Type
Townhouse
Title
Condo/Strata
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Community
Agent details
Primary Agent
Nav Bhandal
Primary Broker
Re/Max EXCELLENCE REAL ESTATE BROKERAGE
Listing details
Days on REW
15 Days
MLS® Number
X13557412
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Masonville Public School
  • Public
  • JK - 8
St. Kateri School
  • Catholic
  • JK - 8
Stoneybrook Public School
  • Public
  • JK - 8
St Catherine of Siena School
  • Catholic
  • JK - 8
Jack Chambers Public School
  • Public
  • JK - 8
University Heights Public School
  • Public
  • JK - 8
St Thomas More School
  • Catholic
  • JK - 8
Ryerson Public School
  • Public
  • JK - 8
A B Lucas Secondary School
  • Public
  • 9 - 12
Louise Arbour French Immersion Public School
  • Public
  • K - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Nav Bhandal
Phone:
647-515-1000
Cell:
647-515-1000
Office:
905-507-4436
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