Rightsize in Masonville - one of London's most sought after locations. Easy one-floor living in this corner-unit bungalow with an attached garage & inside entry. The open concept main floor flows from the living room, with gas fireplace, to the dining area and kitchen. Fresh renovations include: refinished hardwood floors(2022), oversized tile & luxury vinyl plank flooring throughout (2022), toilets (2022), paint (2022), baseboards (2022), stairs & custom railing (2022), light fixtures and pot lights (2022). The Primary Bedroom features a 5 pc ensuite with 2 sinks, a soaker tub and separate shower. Main floor laundry comes with a new washer and dryer. The finished lower level holds a rec room or large bedroom, another bedroom with its own fireplace, a 3-piece bathroom and den or room for hobbies and guests. 2nd laundry room in lower level. Outside, the covered back deck wraps around the back in a private backyard setting lined with mature cedars, a quiet spot for morning coffee and summer evenings. Close to Masonville Mall, Loblaws, Farm Boy, banking, University Hospital, Western University and quick commute to downtown. If you are looking to rightsize and stay in Masonville this is one of the best options out there today.
4 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $562 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 1574 Richmond St #5
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Bungalow
Living space
1200-1399 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Condo Townhouse
1574 Richmond St #5 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14135564$674,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1574 Richmond St #5 Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$3,316
/mo
based on the purchase price of $674,900
$134,980 cash
$539,920 financed
$454,754 total interest
Principal54%$539,920
Interest46%$454,754
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.
For homeowners nearby
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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 $675K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,455Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 4 – Aug 2, 2026: prices down.
Based on 1,735 sales from Aug 2 – Oct 31, 2026 (1,497 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
1 for sale at 1574 Richmond St — plus its sale and lease history.
1574 Richmond St #5 is listed at $674,900 (MLS® X14135564). Summitly updates the price as soon as the MLS® record changes.
Is $674,900 a good price for 1574 Richmond St #5?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 1574 Richmond St #5 changed?
No — 1574 Richmond St #5 is still listed at its original asking price of $674,900.
How many bedrooms and bathrooms does 1574 Richmond St #5 have?
1574 Richmond St #5 has 4 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo townhouse in London.
How much would the monthly mortgage be on 1574 Richmond St #5?
About $3,316 a month — principal and interest on $674,900 with 20% down ($134,980), 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 1574 Richmond St #5 compare with other homes in London?
Its asking price of $674,900 is about 21% above the median sold price in London over the last 90 days, $560,000, across 1,735 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 1574 Richmond St #5 been sold before?
Summitly has no earlier MLS® sale or lease of 1574 Richmond St #5 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1574 Richmond St #5?
1574 Richmond St #5 is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1574 Richmond St #5 been on the market?
1 day — 1574 Richmond St #5 was listed on October 30, 2026.
What is the price per square foot of 1574 Richmond St #5?
About $482 to $562 per square foot: the asking price of $674,900 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 1574 Richmond St #5 have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 1574 Richmond St #5 have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
