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$309,000

Estimated value $294K–$324K

Est. $1,448/mo mortgage

2bd·1ba·800-899sqft

521 Riverside Drive #315 · London North, N6H 5E2

MLS® X13686720

46 days on market46 days on market

Listed Aug 18, 2026

Listing courtesy of Real Broker Ontario LTD·Updated Aug 20

Description

There's a lot to love at unit 315 in 521 Riverside Dr. This 2-bedroom, 1-bathroom third-floor condo combines a freshly updated interior, great building amenities, and a location that makes everyday living easy. Inside, newer vinyl plank flooring and fresh paint throughout give the space a fresh, welcoming look and a great starting point to make it your own. The functional layout includes two comfortable bedrooms plus a solarium-a versatile bonus space for morning coffee, a home office, reading nook, or your favourite plants. A dedicated storage room provides extra space to keep everything organized and out of sight. The building adds even more value with underground parking, an exercise room, party/meeting room, and bike storage. Condo fees include water, common elements, building insurance, and underground parking, helping make ownership simple and convenient. Love getting outside? Scenic walking and cycling paths are right across the street, with McKillop Park and Greenway Park nearby. The Riverside Social Club, grocery stores, restaurants, and everyday conveniences are all just a short distance away, while easy access to downtown keeps you connected to the city. Whether you're a first-time buyer, downsizer, or simply looking for low-maintenance living, this condo delivers the space, amenities, and location to make it an easy choice. Freshly painted, well located, and ready for its next owner-book your showing at unit 315 at 521 Riverside Dr. today!

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Property details

Interior

Size
800-899 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece on Main
Basement
None
Heating
Forced Air
Cooling
Central Air
Laundry
Y

Building & lot

Type
Condo Apartment, 1 Storey/Apt
Age
31-50 years
Exterior
Concrete, Stucco (Plaster)
Storeys
3
Exposure
South

Parking

Garage
1 car Underground
Locker
Common

Fees & taxes

Condo fee
$600/mo
Fee includes
water, parking
Pets
Yes-with Restrictions
Property tax
$2,548/yr (2025)
Corporation
MCC 183
Managed by
Sunshine Property Management Inc

Building amenities

Bike Storage · Elevator · Exercise Room · Party Room/Meeting Room · Visitor Parking

Rooms

Main

Foyer
1.76 × 1.82 m
Kitchen
3.34 × 2.63 m
Utility Room
2.48 × 1.23 m
Living Room
6.23 × 5.05 m
Primary Bedroom
3.4 × 5.84 m
Bedroom 2
2.42 × 3 m

Estimated value range

$294K–$324K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Oakridge →

London North, ON

Established neighbourhood with mature trees and great schools.

Monthly paymentest. $2,548/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,448
Property tax$186
Insurance (est.)$64
Utilities (est.)$250
Condo fee$600
Total monthly$2,548
Land transfer tax$3,110 on closing

Ontario LTT

$3,110

First-time rebate

−$3,110

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

Price & listing history

$309,000

Listed Aug 18, 2026

On the market

Sold comparables nearby

214 - 300 EVERGLADE Crescent, London NorthSold

214 - 300 EVERGLADE Crescent, London North

2 bd·2 ba·1,200-1,399 sqft
201 - 320 SUGARCREEK Trail, London NorthSold

201 - 320 SUGARCREEK Trail, London North

3 bd·2 ba·1,200-1,399 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Oakridge

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$363,500

Sale-to-list ratio

96.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $79,000 household income

Minimum household income required

$79,000

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.

Not sure about financing? Ask Colin →
Rental market$1,938/mo median for 2 bed nearby

$1,938/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 26 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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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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