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$600K · 4 bed Condo Townhouse · Unit 31, 1548 Richmond Street, London, Ontario N6G 4W8 | HomeSearchCanada

$599,900

Unit 31

72 DOM

4472d

Map

⚡ Insider Deal

DOM 72

↓ $50KPrice Reduced

$599,900

↓ $50K

DOM72days

Unit 31

1548 Richmond Street · London · Ontario N6G 4W8

MLS® X13116348 · North G · N6G 4W8

44Vacant1600-1799 ft²Condo Townhouse1-car AttachedNo basement72d$353/ft²Lot 3.109$5,314 tax/yrBuilt 198541 yrs oldNo basement

72 days on market

About this home

Primer location! Located in London's sought-after Richmond Manor Condominiums. Featuring 4 large bedrooms and 3.5 bathrooms(two ensuites), there's plenty of room for a family or strong rental income. one Mater BR with 3Pensuite in the main floor. The bright second floor open concept living area includes a spacious kitchen, dining, and family room with a cozy gas fireplace. Large windows and beautiful bay windows throughout fill the home with natural light,. And three bedrooms( one another MBR wi…

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Property details

MLS#: X13116348
Status: Buy Now
Property class: Residential Condo & Other
Beds: 4
Baths: 4 full, 0 half
Rooms: 7
Kitchens: 1
Size: 1600-1799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 3-Storey
Type: Condo Townhouse
Year built: 1985

Occupancy: Vacant
Washrooms: 3 pc · Third; 2 pc · Second; 3 pc · Ground; 3 pc · Second
Family room: Family room
Central vacuum: No
Ensuite laundry: No
Special designation: Other

Roof: Shingles
Foundation: Other
Property features: Cul de Sac/Dead End, Public Transit, School, School Bus Route

Fireplaces: 1
Fireplace features: Electric

View: City

Condo corp #: 208
Balcony: None
Locker: None
Fees include: Common Elements Included, Building Insurance Included, Parking 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: Aluminum Siding, Brick · Landscaped, Patio
Fronting on: —
Cross street: Fanshawe Park Rd E & Richmond St
Stories: 1
Utilities: —
Laundry: In Bathroom
Interior: Primary Bedroom - Main Floor
Parking features: Inside Entry, Private

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $50KPrice reduction

MLS shows the seller reduced the asking price by $50,000 (from $649,900 to $599,900).

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX CENTRE CITY REALTY INC.

Source: TRREB/PROPTX · MLS® X13116348

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$600K

Unit 31 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $599,900✓ $5,314 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,275/mo

incl. closing costs (yr 1)

Annual total

$63,300

year 1

Mortgage only

$2,276/mo

principal + interest

Beyond mortgage

$1,835/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$119,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$443/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%$5,999/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$8,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $27,310/yr

Property taxes22% $13,787/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,999/yr

Condo fees9% $5,544/yr

Closing costs8% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$27,310	$2,276/mo
Government & taxes
Property tax	$5,314	$443/mo
Land transfer tax(closing)	$8,473	$706/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%)	$5,999	$500/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	$63,300	$5,275/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 31

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs