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

Listed for:
$549,900
5 beds
3 baths
Listed 2 days ago
Row / Townhouse for rent: 7 - 1570 Richmond Street, London North, Ontario N6G 4W1

View all 37 photos

About

RICHMOND & WESTERN 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:27476)

Property Highlights

MLS® Number
X13501922
Type
Single Family
Community Name
North G
Maintenance Fee
575.00
Ownership Type
Condominium/Strata
Parking Space Total
3

Building

Building Type
Row / Townhouse
Storeys
2.00
Square Footage
1400 - 1599 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
5
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location

Learn more about this property
Listing provided by:
RE/MAX EXCELLENCE REAL ESTATE
MLS® number:
X13501922
Agent:
Nav Bhandal
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

Street Spotlight - For sale