$829,900
Est. $3,888/mo mortgage
1040 Riverside Drive #61 · London North, N6H 5N4
MLS® X13794926
Listed Sep 17, 2026
Listing courtesy of Keller Williams Lifestyles·Updated yesterday
Description
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.
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Property details
Interior
- Interior
- 1800-1999 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 5-piece on Main, 1 × 4-piece on Main, 1 × 3-piece on Basement
- Basement
- Partially Finished
- Heating
- Forced Air
- Cooling
- Central Air, Other
- Laundry
- N
Building & lot
- Type
- Detached Condo, Bungalow
- Age
- 16-30 years
- Exterior
- Brick Front
- Foundation
- Poured Concrete
- Roof
- Cedar
- Storeys
- 1
- Exposure
- West
Parking
- Garage
- 2 car Attached
- Parking
- 4 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $565/mo
- Pets
- Yes-with Restrictions
- Property tax
- $8,399/yr (2025)
- Corporation
- MSCC 644
- Managed by
- Huntington Properties Ltd.
Building amenities
BBQs Allowed · Outdoor Pool · Recreation Room · Visitor Parking
Rooms
Main
- Dining Room, 2 Way Fireplace
- 4.69 × 4.23 m
- Living Room, 2 Way Fireplace
- 5.54 × 5.02 m
- Bedroom 2, Closet
- 4.9 × 4.2 m
- Breakfast
- 4.26 × 3.81 m
- Foyer
- 3.92 × 2.18 m
- Kitchen
- 4.59 × 3.32 m
- Bedroom, walk-in closet(s), 5 pc ensuite
- 5.47 × 4.56 m
Basement
- Furnace Room
- 11.91 × 9.57 m
- Recreation
- 8.12 × 5.42 m
- Utility Room
- 3.16 × 2.43 m
- Bedroom 3, Walk-In Closet(s)
- 4.55 × 3.9 m
- Den, Closet
- 3.57 × 3.56 m
Monthly paymentest. $5,376/mo all in
Monthly payment estimate
Land transfer tax$13,073 on closing
Ontario LTT
$13,073
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 3 times · asking price down 16% from the first ask
Listed Sep 17, 2026
Listed Apr 3, 2026 · 166 days on market
Sep 16, 2026
Listed Feb 9, 2026 · 53 days on market
Apr 3, 2026
219 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$915,000
46 - 1205 Riverside Drive, London North
Sold$890,000
24 - 1040 Riverside Drive, London North
See what these 6 homes sold for
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Market conditionsBuyer's market in London North
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.6% of asking.
Avg. sold price
$912,217
Sale-to-list ratio
97.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $201,000 household income
Minimum household income required
$201,000
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$2,098/mo median for 2 bed nearby
$2,098/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 14 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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