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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13855500For SaleCondo Townhouse

56-1500 Richmond St

North G, London North, Ontario N6G 4T8

Map
1 / 32
56-1500 Richmond St, London North, photo 1
Asking$549,900
Bedrooms
2
Bathrooms
3
Size
1,400–1,599sq ft
Per sq ft
$367at the range’s middle
Tax a year
$4,2412025 tax year
Built
31-50
Parking
42 attached
Days on market
Members

The brief

About 56-1500 Richmond St

56-1500 Richmond St is a 2-bedroom, 3-bathroom condo townhouse in North G, London North, listed for sale at an asking price of $549,900 (MLS® X13855500).

This beautifully maintained end-unit condo-located at the end of the peaceful cul-de-sac setting, offers exceptional privacy and convenience, - featuring a double-car garage and located in the highly sought-after Wyndham Gate community in the heart of North London. Just minutes from Western University, University Hospital, Masonville Mall, shopping, dining, and transit. Step into a grand foyer with soaring ceilings and abundance of natural light and then a few steps up, the open-concept main floor -with almost 1600 sq ft. -features a large eat-in kitchen that flows into the dining area, with double doors that lead to a brand-new private deck surrounded by mature trees and a high privacy wall-an ideal outdoor retreat for relaxing or entertaining. The adjacent green space adds extra privacy, tranquility and year-round enjoyment. The inviting living room features a cozy fireplace and plenty of room for gatherings or everyday living. The primary suite is spacious, bright and relaxing, and also has a large walk-in closet and a private ensuite bath. A second generous bedroom, a full bathroom, and convenient main-floor laundry complete this level. The lower level provides incredible versatility with direct access to the insulated double-car garage, a large rec room perfect for a home office, gym, media room, or play space, and a beautifully renovated 3-piece bathroom. An impressive 33 ft x 10 ft utility/storage room offers endless possibilities for hobbies, a workshop, or additional storage. The double driveway, and the visitor parking area just a few steps away also add to the extras this home has to offer. As well as just a short walk to Western University, University Hospital, Masonville Place, restaurants, and transit, this home is ideal for professionals, empty nesters, investors, or families with students attending Western. Don't miss this opportunity to enjoy peaceful living in one of London's most desirable neighbourhoods

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,393/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 homes with 2 bedrooms for lease in North G right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,241 / 2025
MLS® number
X13855500
Board
TRREB MLS®
Property Type
Condo Townhouse
Building Age
31-50
Days on market
Size
1400-1599 sqft
Listed on
Parking
2 Attached, 4 Parking
Listing brokerage: THE REALTY FIRM INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
Multi-Level
Community
North G
Municipality
London North

Building

Size
1400-1599 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
2
Bathrooms
3
Bathroom Details
1 × 4pc Main, 1 × 5pc Main, 1 × 3pc Lower
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Attached
Garage
2
Additional Parking
2
Total Parking
4

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Foundation
Poured Concrete
Roof
Shingles
Fireplace
Yes
Den
Yes
Family room
Yes
Extras
Fridge, stove, dishwasher, microwave, washer, dryer, central vac attachments
Condo maint.
$506

Rooms

RoomSizeFeaturesLevel
Kitchen4.37 × 3.18 m—Main
Dining3.83 × 3.28 mSliding Doors, W/O To SundeckMain
Living8.07 × 3.62 mGas FireplaceMain
Br4.0 × 3.38 m—Main
Laundry1.95 × 1.52 m—Main
Primary3.85 × 6.01 m4 Pc Ensuite, W/I ClosetMain
Family3.26 × 5.73 m—Lower
Other1.5 × 4.37 m—Lower
Utility3.07 × 10.11 m—Lower
Foyer3.27 × 2.16 mAccess To GarageLower
Foyer2.05 × 4.27 m—In Betwn

Listing history

Buy/sell history for 56-1500 Richmond St, London North, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$549,900N/AFor SaleX13855500

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $109,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$109,980
Total mortgage amount
$439,920
Total interest payment
$312,780
Total purchase cost
$862,680
Mortgage payment
$2,509/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

64%

Monthly carrying cost

$3,368
−$1,393per month
  • Rent $1,975
  • Shortfall $1,393

Rental income opens at $1,975, the median asking rent of 7 comparable homes for lease in North G. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$7,473
Total land transfer tax
$7,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $549,900
$2,998
Ontario total
$7,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Condos for sale in North G right now

For sale now
16
Median asking price
$519K

Middle half: $488K to $557K

New in 7 days
3

7 in 28 days

Price cuts
25%

4 listings

This home is asking 6% above the median.

See all homes in North G

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St. Kateri Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81 km80%Grade 6 average
Masonville Public SchoolThames Valley DSBPublic · grades JK–81.2 km93%Grade 6 average
Stoneybrook Public SchoolThames Valley DSBPublic · grades JK–81.6 km86%Grade 6 average
École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–85.9 km72%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
A B Lucas Secondary SchoolThames Valley DSBPublic · grades 9–122.8 km75%Grade 9 math
Sir Frederick Banting Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion3.1 km55%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–123.4 km57%Grade 9 math
Mother Teresa Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–12 · French Immersion3.9 km58%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in North G are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record