7 – 1570 Richmond Street, London North, Ontario N6G 4W1 (29967527)

7 - 1570 Richmond Street London North, Ontario N6G 4W1

5 Bedroom 3 Bathroom 1,400 - 1,599 ft2
Central Air Conditioning Forced Air

$549,900

Maintenance, Common Area Maintenance, Water, Insurance, Parking

$575 Monthly

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. (id:50976)

Property Details

MLS® Number X13501922
Property Type Single Family
Community Name North G
Community Features Pets Allowed With Restrictions
Equipment Type None
Parking Space Total 3
Rental Equipment Type None

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Appliances Window Coverings
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,400 - 1,599 Ft2
Type Row / Townhouse

Parking

Detached Garage
Garage

Land

Acreage No

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.8 m x 4.47 m
Second Level Bedroom 2 3.73 m x 2.54 m
Second Level Bedroom 3 4.87 m x 2.43 m
Basement Bedroom 4.26 m x 3.04 m
Basement Office 3.04 m x 3.04 m
Main Level Kitchen 3.65 m x 3.5 m
Main Level Dining Room 4.62 m x 2.69 m
Main Level Bedroom 4 4.64 m x 4.57 m

https://www.realtor.ca/real-estate/29967527/7-1570-richmond-street-london-north-north-g-north-g

Contact Us

Contact us for more information

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Nav Bhandal
Salesperson

(647) 515-1000
navbhandal.com/

RE/MAX Excellence Real Estate
100 Milverton Dr Unit 610-C
Mississauga, Ontario L5R 4H1

(905) 507-4436
www.remaxex.com/

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