Maintenance, Common Area Maintenance, Water, Insurance, Parking
$575 MonthlyPrime 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. (id:50787)
| MLS® Number | X13501922 |
| Property Type | Single Family |
| Community Name | North G |
| Community Features | Pets Allowed With Restrictions |
| Equipment Type | None |
| Parking Space Total | 3 |
| Rental Equipment Type | None |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Appliances | Window Coverings |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,400 - 1,599 Sqft |
| Type | Row / Townhouse |
| Detached Garage | |
| Garage |
| Acreage | No |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.8 m | 4.47 m | 4.8 m x 4.47 m |
| Second Level | Bedroom 2 | 3.73 m | 2.54 m | 3.73 m x 2.54 m |
| Second Level | Bedroom 3 | 4.87 m | 2.43 m | 4.87 m x 2.43 m |
| Basement | Bedroom | 4.26 m | 3.04 m | 4.26 m x 3.04 m |
| Basement | Office | 3.04 m | 3.04 m | 3.04 m x 3.04 m |
| Main Level | Kitchen | 3.65 m | 3.5 m | 3.65 m x 3.5 m |
| Main Level | Dining Room | 4.62 m | 2.69 m | 4.62 m x 2.69 m |
| Main Level | Bedroom 4 | 4.64 m | 4.57 m | 4.64 m x 4.57 m |
https://www.realtor.ca/real-estate/29967527/7-1570-richmond-street-london-north-north-g-north-g