$547,800 - 445 Riverside Drive Unit 9, London North
Condo for Sale in London North
98 days on market- MLS Number
- X12880106
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- London North
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Discover River Oaks, a tucked-away 29-unit condo community where homes back onto peaceful treed green space and neighbours still come together for block BBQs, holiday card exchanges, and a true sense of connection. This 2 + 1 bedroom, 2 bath residence with a walk-out lower level has been freshly updated and carefully maintained, offering both comfort and convenience. The main floor welcomes you with a bright foyer, eat-in kitchen, and an airy open-concept living/dining area enhanced by soaring ceilings, large windows, and a gas fireplace. The primary suite enjoys plenty of natural light, a double closet, and direct access to the 4-piece bath. A spacious second bedroom and main floor laundry add everyday ease. Downstairs, the finished walk-out level expands your living space with a third bedroom, full bath, dedicated office, and a cozy family room anchored by a second fireplace. There is also a generous storage, a utility room, and a cold room. Recent updates include fresh paint, renewed bathrooms, and flooring. Parking is never an issue with a private double garage, wide driveway, and ample visitor spaces. Perfectly located near Springbank Park, minutes to shopping, dining and of course, Costco. This is a rare chance to enjoy a quiet, low- maintenance lifestyle in a neighbourhood with character.
Estimate your monthly payments for this property
Estimated Payment
$2,810.50/mo
Includes CMHC insurance ($15,284)
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.
445 Riverside Drive Unit 9, London North
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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 $457/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 98 days on site, this property has exceeded the typical selling timeline for London North. 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.
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 $2,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.