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About the Listing 398702 -
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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Condo/Townhome
MLS ®
X13557412
Year Built
Total Square Footage
1,400
Lot/Acreage
N/A
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof:
- Others:
- Sewer:
- Parking Features: Private,Detached,Has Garage
Financial Details
- Tax Amount: $4,127
- Taxes w/Assessments: N/A
- Tax/Property ID: 087070007
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
1570 Richmond St Unit 7 London, ON N6G 4W1
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