1570 Richmond Street 7, London North, ON N6G 4W1

About this residence

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.

Property details

Property type

Condo Townhouse

Total rooms

11

Garage

Detached

Parking spaces

2

Annual taxes

$4,127 (2026)

Possession

30-59 days

Directions

RICHMOND & WESTERN

Location