1548 RICHMOND Street 14, London North

$509,000
1548 RICHMOND Street 14

$509,000

New
18d
Condo Townhouse3-Storey

1548 RICHMOND Street 14, London North

Total Monthly Obligation $3,189

Beds
4
Baths
4
Park
1
Sqft
1400-1599
DOM
18d
Score
19
Yield
6.2%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Townhouse
MLS® Number-X13860600
Beds-4
Bathrooms-4
Size-1400-1599 sqft
Listed on site-Oct 5, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$5,474.94 (2026)
Maintenance-$480/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Natural Gas
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-North G
Title-Residential Condo & Other

No agent assigned

Walking distance to campus and Masonville Place, in a desirable school district! This well-maintained 3-storey townhome offers 4 bedrooms and 4 bathrooms, with a functional layout ideal for families, students, or investors. Freshly painted throughout and featuring hardwood flooring, the home includes two bedrooms with ensuite bathrooms. The main floor offers a single-car garage with inside access, a bedroom with a 3-piece ensuite. The second floor features a bright eat-in kitchen with a bay window, a spacious family room with a dining area, a 2-piece bathroom/laundry area, and office/another bedroom. The third floor offers three additional bedrooms and two full bathrooms. The driveway and single garage provide parking for two vehicles, with additional visitor parking nearby. Public transit is conveniently available right on the street. A great opportunity in a convenient North London location!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$407,200
Land Transfer Taxes$6,655
Legal Fees (Est.)
$
Total cash required for closing$109,955

Total Monthly Obligation

$3,189/mo
Mortgage $2,053
Monthly Loss $2,649
Principal$540
Interest$1,513
Property Tax$456
Condo Fees$480
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,740/yr
NOI
$14,931/yr
Net Cash Flow
-$809/mo
Cash Margin
-30.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1548 RICHMOND Street 14

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.