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$388,800

Est. $1,821/mo mortgage

0bd·0ba

121 Riverside Drive · London North, N6H 4R9

MLS® X13017602

157 days on market157 days on market

Listed Apr 19, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated 17 hours ago

Description

We all understand that location is everything in real-estate. Find the perfect location (49ftx181ft on west & 208ft on east boundary) and the investment will pay off. This site is in close proximity to Western University and Downtown London. A short hop and jump to the Fork of the Thames, Labatt Park, Canada Life Place and many other sought after amenities. The perfect spot to build what you'd like, an investment opportunity that can bring a positive cash flow from day one..

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Property details

Building & lot

Type
Vacant Land, Other
Lot size
57.57 × 181.34 ft · < .50 acres

Fees & taxes

Property tax
$1,861/yr (2025)

AI property estimate

$498,750Estimate is ~28.3% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$448,875$548,625

74% confidence · 40 sold homes within 2 km

Location & neighbourhood

Directions
Wortley Village

London North, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly paymentest. $2,387/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,821
Property tax$234
Insurance (est.)$81
Utilities (est.)$250
Total monthly$2,387
Land transfer tax$4,307 on closing

Ontario LTT

$4,307

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$388,800

Listed Apr 19, 2026

On the market
Affordabilityneeds $97,000 household income

Minimum household income required

$97,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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