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463 Riverside Drive

London North, N6H 2R9·MLS® X13607728

Listing courtesy of Royal Lepage Triland Realty·Updated 1 hour ago

For sale
1 / 44
4Beds
3Baths
2,000-2,500Sqft
51-99Year Built

Listing price

$499,900

Est. $2,381/mo

Days on market

1

Listed Jul 27, 2026

Description

Welcome to 463 Riverside Drive! Located in one of London's most convenient neighborhoods, this home presents an incredible opportunity to secure a spacious 2,038 sq. ft. (above grade) family home brimming with potential. Featuring four large bedrooms and 2.5 bathrooms, this property offers a generous layout just minutes from downtown London and Springbank Park, making it a perfect canvas for buyers or investors looking to add value with renovations. The basement is just awaiting your finishing touches and has great ceiling height and potential. Outside you will find a spacious backyard that is highlighted by a heated, in-ground saltwater concrete pool perfect for summer entertaining, with a large shed for additional storage, a single-car attached garage, and an expansive driveway providing tons of parking. Whether you are looking to design your dream home from the ground up or capitalize on a prime location, this property offers unbeatable space, lifestyle features, and future growth potential.

Property details

Garage

1 car Attached

Basement

Unfinished

Parking

7 spaces

Type

Detached — 2-Storey

Heating

Forced Air

Property tax

$4,375/yr (2025)

AI property estimate

$763,099~52.7% above asking

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

$700,000$1,081,245

70% confidence · 20 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Westmount

London North, ON

Central location with easy access to downtown and Western University.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,381
Property tax$542
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,276

Land transfer tax

Ontario LTT

$6,473

First-time rebate

$4,000

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

Price & listing history

Jul 27, 2026Listed
$499,900

Sold comparables nearby

13 Charles Street, London NorthSold

$1,095,000

13 Charles Street, London North

5 bd·7 ba·2,000-2,500 sqft
916 Oxford Street, London NorthSold

$642,500

916 Oxford Street, London North

4 bd·2 ba·1,500-2,000 sqft

See all 6 sold comparables

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Market conditions · North P

Buyer's marketBalancedSeller's market

Avg. sold price

$706,650

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordability

Minimum household income required

$122,867

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Not sure about financing? Ask Colin

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AI estimate

$763,099

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colinabbot@gmail.com

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