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For sale
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$359,000

Estimated value $341K–$348K

Est. $1,682/mo mortgage

2bd·1ba·1,000-1,199sqft

521 Riverside Drive #715 · London North, N6H 5E2

MLS® X13872306

5 days on market5 days on market

Listed Oct 7, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed 3 days ago

Key facts

Property type
Condo Apartment
Square footage
1000-1199 sqft
Storeys
7
Parking
2 spaces
Property tax
$2,665/yr (2026)

Description

Welcome to this beautifully renovated penthouse at 521 Riverside Drive, Unit 715. This bright and exceptionally well-maintained 2-bedroom, 1-bathroom unit has been thoughtfully updated and converted to a desirable open-concept layout, creating a spacious and inviting living environment. Enjoy the convenience and privacy of penthouse living with a clean, modern feel throughout. Lovingly cared for by the same owner since 1995, this home has been meticulously maintained and is truly move-in ready. A great opportunity for those looking for a renovated, low-maintenance home in a well-established London building.

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Property details

Interior

Size
1000-1199 sqft
Rooms
5 rooms
Bathrooms
1 × 3-piece
Basement
None
Heating
Forced Air
Cooling
Central Air
Laundry
Y

Building & lot

Type
Condo Apartment, 1 Storey/Apt
Exterior
Brick
Storeys
7
Exposure
West

Parking

Garage
1 car Underground
Parking
2 spaces
Locker
None

Fees & taxes

Condo fee
$600/mo
Fee includes
water, parking
Pets
Yes-with Restrictions
Property tax
$2,665/yr (2026)
Corporation
MCC 183
Managed by
Sunshine Property Management Inc

Estimated value range

$341K–$348K

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. $2,823/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,682
Property tax$222
Insurance (est.)$75
Utilities (est.)$250
Condo fee$600
Total monthly$2,829
Land transfer tax$3,860 on closing

Ontario LTT

$3,860

First-time rebate

−$3,860

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

Price & listing history

$359,000

Listed Oct 7, 2026

On the market
Affordabilityneeds $90,000 household income

Minimum household income required

$90,000

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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Rental market$1,975/mo median for 2 bed nearby

$1,975/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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