$560,000 - 1220 Riverbend Road Unit 81, London South
Condo for Sale in London South
113 days on market- MLS Number
- X12650910
- Property Type
- Condo
- Status
- active
- Days on Site
- 113
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- London South
- Lot Size
- 20,813 sqft
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX ADVANTAGE REALTY LTD.
Welcome to one of West London's most desirable communities, perfectly located directly across from the vibrant West 5 district. Built in 2017, this 3-bedroom, 3-bathroom condo townhouse offers modern, low-maintenance living in a highly sought-after west end neighbourhood. The bright open-concept main floor is designed for both everyday living and entertaining, featuring a spacious kitchen with stainless steel appliances, a centre island, generous counter space, and seamless flow into the sun-filled family room. Upstairs, you'll find a spacious primary suite complete with a private ensuite, along with two additional well-sized bedrooms, a full bathroom, and convenient second-floor laundry with brand new washer and dryer. The unfinished basement offers excellent potential for a future rec room, home office, gym, or additional living space tailored to your needs.Enjoy quiet, low-traffic streets while being just steps to cafés, restaurants, fitness studios, shops, and community events in West 5. With quick access to Byron, Oxford Street West, Kilworth, Komoka, and major amenities including Byron Plaza, Real Canadian Superstore, Shoppers Drug Mart, and Remark, everything you need is close by.Complete with an attached garage and two parking spaces, this home is ideal for young professionals, growing families, downsizers, or investors looking for a strong location. Experience the perfect blend of lifestyle, comfort, and convenience. Book your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$2,873.09/mo
Includes CMHC insurance ($15,624)
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 South
London South 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 South
- •Convenient location in London South
- •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 South 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.
1220 Riverbend Road Unit 81, London South
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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 $400/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.
Negotiation Opportunity
At 113 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.