$649,900 - 1151 Riverside Drive Unit 5, London North
Condo for Sale in London North
34 days on market- MLS Number
- X13139266
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- PG DIRECT REALTY LTD.
Visit REALTOR website for additional information. Tucked into the exclusive, Sifton-built Hazelden Trace enclave, this beautifully maintained end-unit bungalow condo offers refined, low-maintenance living in one of Hyde Park's most desirable settings. Surrounded by mature trees in a quiet, private complex, this home combines comfort, style, and convenience. As an end unit, you'll appreciate the abundance of natural light that fills the bright, open-concept main living area. The spacious Living room features a cozy gas fireplace and flows effortlessly into the dining room-perfect for entertaining or relaxing evenings at home. The large eat-in kitchen features a charming bay window overlooking the private terrace, creating a cheerful space for casual meals and morning coffee. The main floor primary suite offers a generous walk-in closet and private ensuite. A second bedroom, full 3-piece bath, and convenient main-floor laundry provide excellent functionality and true one-level living. The fully finished basement expands your space with a welcoming family room, additional bedroom, 2-piece bath, and ample storage-ideal for guests, hobbies, or extended family stays. Step outside to enjoy the newer private back deck, a peaceful retreat framed by mature greenery. An attached double-car garage plus parking for two additional vehicles on the driveway and visitor parking ensures plenty of space for family and friends. Notable updates include newer A/C and gas furnace, finished basement, updated bathroom countertops, kitchen backsplash, and appliances-adding modern comfort and value. Ideally located in Hyde Park, just minutes from Spring bank Park, Thames Valley Golf Course, Remark, and a wide array of shopping, dining, and amenities, this home offers the perfect blend of tranquility and accessibility. A rare opportunity in a highly sought-after bungalow community-don't miss your chance to call Hazelden Trace home.
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London North
London North is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London North
- •Convenient location in London North
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London North offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1151 Riverside Drive Unit 5, London North
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $542/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London North properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.