$475,000 - 1500 Richmond Street Unit 25, London North
Condo for Sale in London North
37 days on marketNeighbourhood: North G
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- MLS Number
- X13788712
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- London North
- Taxes (2026)
- $4,644
- Maintenance Fees
- $625/mo
- Locker
- None
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- CALL IT CLOSED INTERNATIONAL BROKERAGE
A rare walk-out in the heart of Masonville-and the best-positioned unit currently offered for sale within the complex. Unit 25 at 1500 Richmond Street features two spacious bedrooms, three bathrooms, newer decks and fresh paint throughout. The expansive primary suite includes a walk-in closet and private ensuite with a dedicated tub and separate shower stall. One of only a limited number of walk-out units in the development, the home benefits from abundant natural light, enhanced privacy and convenient outdoor access. Its functional layout provides plenty of flexibility for everyday living, entertaining or working from home. Ideally suited to healthcare professionals at University Hospital, Western University faculty and staff, Masonville-area employees, or parents investing in a home for their university-aged children. The location places Western University, Masonville Place, restaurants, entertainment, public transit and major routes close at hand. Whether purchasing for yourself or seeking a well-positioned North London investment, this property offers the space, location and rare walk-out design that set it apart. Book your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$2,437.00/mo
Includes CMHC insurance ($13,253)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover North G
North G is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in North G
- •Convenient location in London North
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
North G offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1500 Richmond Street Unit 25, London North
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $339/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $625/month fees should cover building insurance, common elements, and reserve contributions.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About North G
I know North G well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.