1548 Richmond St #31 is a 4-bedroom, 3-bathroom condo townhouse in London, listed for $509,000. It has 1600-1799 sq ft of living space.
1Whether you're an investor looking for strong tenant demand and income potential, or a family seeking space, privacy, and a convenient North London location, this property offers an outstanding opportunity.
Perfectly positioned in a quiet and private setting within the highly desirable Richmond Manor community, this spacious 3-storey townhouse offers an exceptional combination of comfort, flexibility, and investment potential. Featuring 4 above-grade bedrooms, 3.5 bathrooms, including 2 private ensuites, the home offers a versatile layout ideal for growing families, multi-generational living, or investors.Tucked further inside the community, the property enjoys a more peaceful setting with enhanced privacy while remaining conveniently close to everything North London has to offer. The main-floor bedroom with its own ensuite provides exceptional flexibility, making it ideal for family members seeking a private living space or for tenants who value privacy-an especially attractive feature for room-by-room rentals.The bright, open-concept second level features a spacious living and dining area with a cozy gas fireplace, an eat-in kitchen, convenient in-suite laundry, and a walkout to a private backyard deck. The third floor offers three additional bedrooms, including a generous primary suite with its own ensuite.With 4 above-grade bedrooms and a highly functional layout, the property offers excellent rental potential and the flexibility to maximize income by leasing all four bedrooms individually. Additional features include a single-car garage, driveway parking, and ample visitor parking for added convenience.Ideally located just minutes from Western University, University Hospital, Masonville Place, restaurants, parks, and public transit, this home is situated in one of London's most established rental areas. Whether you're an investor looking for strong tenant demand and income potential, or a family seeking space, privacy, and a convenient North London location, this property offers an outstanding opportunity.
4 bedrooms, 3 bathrooms, about 1,600 sq ft, works out to roughly $318 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 1548 Richmond St #31
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
3-Storey
Living space
1600-1799 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
3.109
Listing & possession
Property style
3-Storey
Property class
Condo Townhouse
1548 Richmond St #31 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,501
/mo
based on the purchase price of $509,000
$101,800 cash
$407,200 financed
$342,969 total interest
Principal54%$407,200
Interest46%$342,969
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 3–4 bed homes for sale in London around $509K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,383Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with May 14 – Aug 12, 2026: prices down.
Based on 1,724 sales from Aug 12 – Nov 10, 2026 (1,546 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 3 for rent at 1548 Richmond St — plus its sale and lease history.
1548 Richmond St #31 is listed at $509,000 (MLS® X13814238). Summitly updates the price as soon as the MLS® record changes.
Is $509,000 a good price for 1548 Richmond St #31?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1548 Richmond St #31 changed?
No — 1548 Richmond St #31 is still listed at its original asking price of $509,000.
How many bedrooms and bathrooms does 1548 Richmond St #31 have?
1548 Richmond St #31 has 4 bedrooms and 3 bathrooms, with about 1,600–1,799 square feet of living space. It is a condo townhouse in London.
How much would the monthly mortgage be on 1548 Richmond St #31?
About $2,501 a month — principal and interest on $509,000 with 20% down ($101,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1548 Richmond St #31 compare with other homes in London?
Its asking price of $509,000 is about 8% below the median sold price in London over the last 90 days, $555,500, across 1,724 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1548 Richmond St #31 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 1548 Richmond St #31 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 1548 Richmond St #31?
1548 Richmond St #31 is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1548 Richmond St #31 been on the market?
49 days — 1548 Richmond St #31 was listed on September 22, 2026.
What is the price per square foot of 1548 Richmond St #31?
About $283 to $318 per square foot: the asking price of $509,000 over the 1,600–1,799 sq ft the listing gives as its size range.
Does 1548 Richmond St #31 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 1548 Richmond St #31 have a basement, and is it finished?
The listing says 1548 Richmond St #31 has no basement.
