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$499,999
1570 Richmond Street • #7 • London North, ONNew
Courtesy of RE/MAX EXCELLENCE REAL ESTATE
4+1
Bedrooms
3
Bathrooms
1400-1599
Square feet
3
Parking

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.

Property details

Property type
Condo Townhouse
Style
2-Storey
Total rooms
8
Maintenance fee
$575/mo
Exposure
East
Property taxes
$4,127 (2026)
Occupancy
July/August
Days on market
59
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Sep 9, 2026, 8:55 a.m. EDT via TRREB IDX.

First listed: Jul 13, 2026, 1:16 p.m. EDT.