$729,000 - 1890 Richmond Street Unit 1, London North
Condo for Sale in London North
New — Listed 3 days ago- MLS Number
- X13449614
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- OAK AND KEY REAL ESTATE BROKERAGE, INC.
Welcome to Foxborough Chase, 1890 Richmond Street #1. At the edge of North London, in a private enclave of fully-detached condo community of professionals and retirees. Location is ideal, adjacent to walking trails and biking trails and a short walk to restaurants and the Masonville Mall at Fanshawe and Richmond. Close to Western University and University Hospital. Bright, open free-standing condo in a quiet neighbourhood. 2 bedrooms upstairs, 2 downstairs, and three baths. Attached spacious, insulated double garage. The main floor features nine-foot ceilings, large windows, a spacious living room with a cozy gas fireplace, two bedrooms, one ensuite with walk-in closet and a soaker tub and shower. Hardwoods throughout. Kitchen features an island with lots of work space, quartz countertops, an eat-in kitchen, dining room, and a door from the kitchen leading to the backyard deck with an electronic retractable awning. A dishwasher, washer and dryer were recently installed. The lower level is large as well, about 50% finished with engineered hard wood, two more bedrooms, bathroom with shower, large recreation room, a workshop area, and plenty of storage space. Second refrigerator/freezer. The Condo fees include exterior maintenance such as lawn care, the shrubbery and snow removal as well as the exterior of the house, including the roof which was recently replaced. The photos here from a staging exercise show off the warmth, the light and the privacy of this exceptional condo. Upscale neighbours, upscale neighbourhood. Call for your private viewing.
Estimate your monthly payments for this property
Estimated Payment
$3,740.15/mo
Includes CMHC insurance ($20,339)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London North
London North is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London North
- •Convenient location in London North
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London North offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1890 Richmond Street Unit 1, London North
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $456/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In London North's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London North properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.