1570 Richmond Street 7, London North

$499,999

5 Beds
3 Baths
1400-1599 Sqft
0 Acres
1 Garages

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.

Essential Information
MLS® #X13557412
Price$499,999
Bedrooms5
Bathrooms3.00
Square Footage1400-1599
TypeResidential Condo & Other
Sub-TypeCondo Townhouse
Style2-Storey
StatusActive
Community Information
Address1570 Richmond Street 7
AreaMiddlesex
SubdivisionNorth G
CityLondon North
ProvinceON
Postal CodeN6G 4W1
Amenities
Parking Spaces2
# of Garages1
GaragesDetached
Interior
HeatingForced Air
Heat SourceGas
CoolingCentral Air
BasementFinished, Full
Exterior
ExteriorBrick, Vinyl Siding
Listing Details
OfficeRE/MAX EXCELLENCE REAL ESTATE
LISTING MAP

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