For SaleDet Condo · BungalowMLS® #X13794926 · TRREB MLS®
61-1040 Riverside Dr, London North, Ontario
North Q, London North, Ontario N6H 5N4
- Bedrooms
- 2+1
- Bathrooms
- 3
- Type
- Det Condo
- Basement
- Partly Finished
$799,900
Estimated market value
About 61-1040 Riverside Dr
61-1040 Riverside Dr is a 2+1-bedroom, 3-bathroom condo townhouse in North Q, London North, listed for sale at an asking price of $799,900 (MLS® X13794926).
Welcome to this spacious detached bungalow condominium offering nearly 3,000 sq ft of finished living space (including the lower level) in a well-managed North London community. Thoughtfully designed with 2+1 bedrooms and 3 bathrooms, this home features a main-floor primary suite complete with a walk-in closet and a luxurious 5-piece ensuite, along with a second main-floor bedroom and full bathroom-ideal for single-level living. The open-concept living and dining areas are anchored by a two-way natural gas fireplace, creating a warm connection between the spaces, while the eat-in kitchen and breakfast room with patio-door access lead to a private deck, perfect for enjoying morning coffee, casual meals, or time outdoors. The lower level expands the living space with an additional bedroom, a den suitable for overnight guests, a large recreation room, and generous unfinished areas perfect for storage or future customization. Additional highlights include main-floor laundry with sink, an attached double garage with private driveway parking for four vehicles, a west-facing deck, central air, and forced-air gas furnace/heat pump heating. Condo fees include common elements and access to the community's saltwater pool, which is open from June to September. The property is vacant with flexible possession available. Conveniently located near Riverside Drive and Hyde Park Road, with easy access to amenities like shopping, restaurants, green space, and major routes.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$2,315/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 23 condos with 3 bedrooms for lease in London North right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $8,399 / 2025
- MLS® number
- X13794926
- Board
- TRREB MLS®
- Property Type
- Det Condo
- Building Age
- 16-30
- Days on market
- Size
- 1800-1999 sqft
- Listed on
- Parking
- 2 Attached, 4 Parking
Listing history
Buy/sell history for 61-1040 Riverside Dr, London North, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $799,900 | — | Sce | X13794926 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Domin Kurian for a full comparative market analysis.
Property details
Property
- Property Type
- Det Condo
- Style
- Bungalow
- Community
- North Q
- Municipality
- London North
Building
- Size
- 1800-1999 sqft
- Building Age
- 16-30
- Construction
- Brick Front
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 5pc Main, 1 × 4pc Main, 1 × 3pc Bsmt
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Cooling
- Central Air, Other
- Heating Type
- Forced Air
Additional
- Foundation
- Poured Concrete
- Roof
- Cedar
- Fireplace
- Yes
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Dishwasher, Stove, Washer & Dryer, IKEA shelving in unfinished storage area of basement.
- Condo maint.
- $565
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 4.23 × 4.69 m | 2 Way Fireplace | Main |
| Living | 5.02 × 5.54 m | 2 Way Fireplace | Main |
| 2nd Br | 4.2 × 4.9 m | Closet | Main |
| Furnace | 9.57 × 11.91 m | — | Bsmt |
| Rec | 5.42 × 8.12 m | — | Bsmt |
| Breakfast | 3.81 × 4.26 m | — | Main |
| Utility | 2.43 × 3.16 m | — | Bsmt |
| 3rd Br | 3.9 × 4.55 m | W/I Closet | Bsmt |
| Den | 3.56 × 3.57 m | Closet | Bsmt |
| Foyer | 2.18 × 3.92 m | — | Main |
| Kitchen | 3.32 × 4.59 m | — | Main |
| Br | 4.56 × 5.47 m | W/I Closet, 5 Pc Ensuite | Main |
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $12,473
- Total land transfer tax
- $12,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $8,473
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 $799,900
- $7,998
- Ontario total
- $12,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| West Oaks French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 1.1 km | 88%Grade 6 average |
| Riverside Public SchoolThames Valley DSB | Public · grades JK–8 | 1.4 km | 69%Grade 6 average |
| St George Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.4 km | 94%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 1.9 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.6 km | 64%Grade 9 math |
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.1 km | 64%Grade 9 math |
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.5 km | 46%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 8.7 km | 57%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.
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.
Mortgage Calculator
Plan with the current asking price
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
- $159,980
- Total mortgage amount
- $639,920
- Total interest payment
- $455,080
- Total purchase cost
- $1,254,980
- Mortgage payment
- $3,650/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
71%Monthly carrying cost
$4,915- Rent $2,600
- Shortfall $2,315
Rental income opens at $2,600, the median asking rent of 23 comparable homes for lease in London North. Type over it with the rent you expect. This is a planning tool, not advice.
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