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Property Description
Welcome to this stunning 3+1 bedroom, 2-bathroom townhouse, perfectly nestled in the highly desired Gables complex in North London. Just a short walk from Masonville Mall, shopping, dining, and entertainment are right at your fingertips. Enjoy the convenience of nearby bus routes providing quick access to Western University and downtown London, making this location ideal for small families, students, investors and young professionals. This well-maintained unit is tucked away in a peaceful part of the complex, offering a tranquil lifestyle with a attached one car garage and large patio perfect for outdoor entertaining or relaxation. The spacious, open-concept living area on the main floor is ideal for family living, while the kitchen features plenty of storage and a bright dining space. Upstairs, you'll find three generously sized bedrooms with ample closet space, and a full bathroom. The primary bedroom offers large windows that fill the room with natural light. Downstairs you have a recently finished basement with a option for a forth bedroom.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-22 | 2024-08-22 | 92 | $579,900 | - | Expired |
2024-10-09 | 2025-01-09 | 92 | $565,000 | - | Terminated |
2024-05-22 | 2024-08-22 | 92 | $579,900 | - | Expired |
2017-05-10 | 2017-08-31 | 112 | $269,000 | - | Expired |
2014-11-26 | 2015-03-10 | 104 | $249,900 | - | Expired |
2018-05-09 | 2018-05-23 | 14 | $265,000 | $265,000 | Sold |
2015-03-11 | 2015-05-29 | 80 | $249,900 | $245,000 | Sold |
2005-06-09 | 2005-06-23 | 15 | $209,000 | $207,000 | Sold |
Extras
All buyers must provide proof of a mortgage pre-approval before submitting an offer.
Property Features
Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1600-1799
Taxes
$3,838 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 14.99' x 15.75' | |
Dining | Main | 8.99' x 11.48' | |
Kitchen | Main | 11.88' x 11.68' | |
Prim Bdrm | 2nd | 15.98' x 16.99' | |
2nd Br | 2nd | 8.23' x 17.98' | |
3rd Br | 2nd | 8.66' x 12.27' | |
4th Br | Lower | 12.80' x 11.38' | |
Living | Lower | 13.09' x 14.60' |
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London Market Statistics
London Price Trend
1570 Richmond St 25 is a 3-bedroom 2-bathroom townhome listed for sale at $545,000, which is $90,310 (19.9%) higher than the average sold price of $454,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom townhome in London declined by $33,834 (6.9%) compared to the previous 30 day period (November 19 - December 18) and down $20,310 (4.3%) from the same time one year ago.Inventory Change
There were 74 3-bedroom townhomes listed in London over the last 30 days (December 19 - January 17), which is up 15.6% compared with the previous 30 day period (November 19 - December 18) and up 469.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in London typically sold ($23,378) (5.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $12,536 decrease compared to the previous 30 day period (November 19 - December 18) and ($8,429) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom townhomes in London over the last 30 days (December 19 - January 17) stood at 89.2%, up from 87.5% over the previous 30 days (November 19 - December 18) and up from 76.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in London stood at 39 days when successfully sold over the last 30 days (December 19 - January 17), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Pc275 Realty Inc.
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