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$745,900

Est. $3,494/mo mortgage

2bd·2ba·1,500-2,000sqft

1558 Ed Ervasti Lane · London South, N6K 5R7

MLS® X13041034

154 days on market154 days on market

Listed Apr 24, 2026

Listing courtesy of Thrive Realty Group INC.·Updated Sep 15

Description

Welcome to 1558 Ed Ervasti Lane, a brand new home located in Sifton's prestigious gated RiverBend Golf Community.This "Express" home offers a unique opportunity for buyers to personalize their space by selecting finishes, while benefiting from a streamlined build timeline. Offering approximately 1,807 sq. ft. with 2 bedrooms and 2 bathrooms, the home features a functional open-concept layout ideal for comfortable, low-maintenance living. The bright main living space is enhanced with quality upgrades including LED pot lights, modern design details, and thoughtful layout improvements. The spacious primary suite features a tray ceiling and a well-appointed ensuite with a revised layout and linen closet. Additional enhancements include modifications to the pantry, laundry, and ensuite areas, along with added windows for increased natural light. Featuring attractive exterior detailing, the home also offers a covered patio area ideal for relaxing or entertaining. RiverBend is an active adult lifestyle community built around a stunning 18-hole golf course, offering a true maintenance-free lifestyle. Residents enjoy 24-hour concierge service, a private clubhouse with dining, social activities, fitness facilities, and an indoor pool. Landscaping, irrigation, and snow removal are all professionally managed. Land Lease: $1,234.90/month Maintenance Fee: $646.72/month. An excellent opportunity to secure a brand new home in a highly sought-after community while still having the ability to customize your finishes. Pricing includes proposed 2026 Enhanced HST Rebate. Final rebate amount is subject to implementation of Provincial/Federal rebate program and homebuyer eligibility as per government guidelines. Rebate program offered on Agreements of Purchase and Sale signed between April 1, 2026 and March 31, 2027.

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Property details

Interior

Size
1500-2000 sqft
Rooms
5 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Main
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
New
Lot size
61.15 × 115.03 ft
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
2 car Attached
Parking
4 spaces

Fees & taxes

Property tax
$2,263/yr (2025)

Rooms

Main

Great Room
6.07 × 6.98 m
Breakfast
3.9 × 3.72 m
Primary Bedroom
3.94 × 4.27 m
Laundry
1.98 × 2.32 m
Bedroom 2
4.11 × 3.63 m
Kitchen
2.87 × 3.6 m

AI property estimate

$820,000Estimate is ~9.9% above asking

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

$738,000$902,000

82% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Byron

London South, ON

Family-friendly neighbourhood with trails and parks along the Thames River.

Monthly paymentest. $4,349/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,494
Property tax$449
Insurance (est.)$155
Utilities (est.)$250
Total monthly$4,349
Land transfer tax$11,393 on closing

Ontario LTT

$11,393

First-time rebate

$4,000

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

Price & listing history

$745,900

Listed Apr 24, 2026

On the market

Sold comparables nearby

1266 Sandy Somerville Drive, London SouthSold

1266 Sandy Somerville Drive, London South

2 bd·3 ba·2,000-2,500 sqft
308 Reynolds Road, London SouthSold

308 Reynolds Road, London South

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Byron

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$876,219

Sale-to-list ratio

97.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $182,000 household income

Minimum household income required

$182,000

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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