$559,900 - 1548 Richmond Street Unit 31, London North
Condo for Sale in London North
56 days on marketNeighbourhood: North G
- MLS Number
- X13116348
- Property Type
- Condo
- Status
- active
- Days on Site
- 56
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- London North
- Lot Size
- 3 sqft
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Primer location! Located in London's sought-after Richmond Manor Condominiums. Featuring 4 large bedrooms and 3.5 bathrooms(two ensuites), there's plenty of room for a family or strong rental income. one Mater BR with 3Pensuite in the main floor. The bright second floor open concept living area includes a spacious kitchen, dining, and family room with a cozy gas fireplace. Large windows and beautiful bay windows throughout fill the home with natural light,. And three bedrooms( one another MBR with 3p ensuite) on Third Floor. Additional features included in-suite laundry, a single car garage, driveway parking, visitor parking within the complex, and a private backyard patio. new kitchen counter-top, new stove. It walk-distance to Western University, University Hospital, Masonville shopping and bus routes. Wonderful opportunity for your own personal use or investment purposes.
Estimate your monthly payments for this property
Estimated Payment
$2,872.58/mo
Includes CMHC insurance ($15,621)
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.
1548 Richmond Street Unit 31, 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 $350/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.
Negotiation Opportunity
At 56 days on site, this property has exceeded the typical selling timeline for London North. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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.