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$700K · 5 bed Condo Townhouse · North G, London North | MyPropertyScout

$699,900

Unit 1

54TenantOccupied

Map

$699,900

Unit 1

Richmond Manor Condominiums · 1548 Richmond Street · London North · Ontario N6G 4W7

MLS® X12880852 · North G · N6G 4W7

54TenantOccupied1600-1799 ft²Condo Townhouse1-car Attached$412/ft²$5,213 tax/yr

Neighbourhood Range

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About this home

Located in London's sought-after Richmond Manor Condominiums, this desirable end unit townhome offers exceptional space and investment potential. Featuring 5 large bedrooms and 3.5 bathrooms, there's plenty of room for family living or strong rental income. The bright second floor open concept living area includes a spacious kitchen, dining, and living room with a cozy gas fireplace. Large windows and beautiful bay windows throughout fill the home with natural light, and several bedrooms offer e…

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Property details

MLS#: X12880852
Status: Buy Now
Beds: 5
Baths: 4 full, 0 half
Size: 1600-1799
Style: 3-Storey
Type: Condo Townhouse
Year built: —

Property features: Cul de Sac/Dead End, Library, Public Transit, School, School Bus Route

Fireplace features: Natural Gas

Building name: Richmond Manor Condominiums
Condo corp #: 208
Balcony: None
Locker: None
Fees include: Common Elements Included, Building Insurance Included, Parking Included, Condo Taxes Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Fanshawe Park Rd E & Richmond St
Basement: Finished with Walk-Out, Full, Finished, Walk-Out
Stories: 1
Utilities: —
Laundry: Laundry Room
Interior: Carpet Free, Water Heater Owned
Parking features: Private

Rooms

Level	Room	Dimensions
Ground	Bedroom	4.6m × 3.76m
Ground	Bathroom	1.71m × 2.24m
Ground	Utility Room	0.97m × 1.78m
Main	Laundry	—
Main	Bathroom	1.56m × 1.84m
Main	Kitchen	4.22m × 3.63m
Main	Dining Room	4.22m × 3.12m
Main	Living Room	3.07m × 4.2m
Main	Bedroom	3.28m × 3.21m
Third	Bathroom	2.39m × 1.82m
Third	Primary Bedroom	4.22m × 4.26m
Third	Bathroom	2.31m × 1.5m
Third	Bedroom	4.22m × 4.15m
Third	Bedroom	3.07m × 3.07m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX ESCARPMENT REALTY INC.

Source: TRREB/PROPTX · MLS® X12880852

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$700K

Unit 1 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $699,900✓ $5,213 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,896/mo

incl. closing costs (yr 1)

Annual total

$70,751

year 1

Mortgage only

$2,655/mo

principal + interest

Beyond mortgage

$1,910/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$139,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$434/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$39/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $31,862/yr

Property taxes22% $15,686/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,999/yr

Condo fees8% $5,544/yr

Closing costs7% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,862	$2,655/mo
Government & taxes
Property tax	$5,213	$434/mo
Land transfer tax(closing)	$10,473	$873/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,999	$583/mo
Condo fees
Condo / HOA fees	$5,544	$462/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$70,751	$5,896/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs