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$829,900

Estimated value $788K to $871K

Est. $3,888/mo mortgage

2+1bd·3ba·1,800-1,999sqft

1040 Riverside Drive #61 · London, N6H 5N4

MLS® X13794926

46 days on market46 days on market

Listed Sep 17, 2026

Listing courtesy of Keller Williams Lifestyles·Listing last changed Oct 13

Key facts

Property type
Detached Condo
Square footage
1,800-1,999 sqft
Storeys
1
Age
16-30 years
Parking
4 spaces
Property tax
$8,399/yr (2025)

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

Size
1,800-1,999 sqft
Bedrooms
2 above grade, 1 lower level
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
Ensuite laundry
No

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

Estimated value range

$788K to $871K

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.

Schools nearbyclosest is West Oaks French Immersion Public School, 1.1 km

Elementary

  • West Oaks French Immersion Public School

    1.1 km · Grades JK-8

    Thames Valley District School Board

    8.9
  • Riverside Public School

    1.4 km · Grades JK-8

    Thames Valley District School Board

    7.7
  • St George Separate School

    1.4 km · Grades JK-8

    London District Catholic School Board

    8.5

Secondary

  • Oakridge Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

    7.1
  • St Thomas Aquinas Secondary School

    2.0 km · Grades 9-12

    London District Catholic School Board

    6.0
  • Saunders Secondary School

    2.5 km · Grades 9-12

    Thames Valley District School Board

    4.9

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $5,576/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,888
Property tax$700
Insurance (est.)$173
Utilities (est.)$250
Condo fee$565
Total monthly$5,576
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

$829,900

Listed Sep 17, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

46 - 1205 Riverside Drive, London NorthSold

46 - 1205 Riverside Drive, London North

2 bd·3 ba·1,600-1,799 sqft
24 - 1040 Riverside Drive, London NorthSold

24 - 1040 Riverside Drive, London North

2 bd·3 ba·1,800-1,999 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$912,217

Sale-to-list ratio

97.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $207,000 household income

Minimum household income required

$207,000

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

Not sure about financing? Call Colin at (226) 212-5099 or text

Rental market$1,845/mo median for 2 bed nearby

$1,845/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 13 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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