Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale On market 75 days

    Unit 61 — 1040 Riverside Drive

    North Q·London North, ON·N6H 5N4·Near Riverside Dr & Hyde Park Rd

    • 2 beds
    London North real estate›X12955992
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property 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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Apr 3, 2026ListedCurrentFor sale$899,900 —X12955992This page
    Feb 9, 2026Previously listedTer$984,900 —X12770396View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Forced Air
      Air conditioning
      Central Air, Other
      Fireplaces
      1
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 61 — 1040 Riverside Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Golf
    • Place Of Worship
    • River/Stream
    • Tiled/Drainage
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,421
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $700
    0.93% mill rate · ON
    The market

    How this home sits in the London North market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London North market right now

    Average sold price, days on market, and closed-transaction count for London North — sourced from MLS®.

    • Avg sold price
      $724,170
      Last 30 days
    • Median sold price
      $670,500
      Middle of the market
    • Days on market
      36 d
      Avg from list to close
    • Closed last 30d
      408
      MLS® transactions
    Full London North market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 61 — 1040 Riverside Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 61 — 1040 Riverside Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 61 — 1040 Riverside Drive listed for?

      Unit 61 — 1040 Riverside Drive is listed at $899,900 on the MLS® (listing X12955992). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 61 — 1040 Riverside Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 baths
  2. 1800-1999 sqft
  3. Detached Condo
  4. Built 16-30
  5. Asking
    $899,900
    $0 / sqft · MLS® X12955992
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $528,644
    $486,353Confidence range$570,936
    Asking vs estimate
    ↑↑well-above
    +$371,256
    (+70.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London North sell in about 36 days — this one has been listed 75 days.

    Avg sold price
    $724,170
    Median sold
    $670,500
    Avg days on market
    36
    Recently sold
    408
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • 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.
    • 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.
    • Conveniently located near Riverside Drive and Hyde Park Road, with easy access to amenities like shopping, restaurants, green space, and major routes.
    Ask Zara a follow-up

    Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    4
    Driveway
    2
  7. Interior

    5
    Basement
    Partially Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
    Laundry level
    Main Level
  8. Exterior & construction

    5
    Exterior
    Brick Front
    Roof
    Cedar
    Foundation
    Poured Concrete
    Patio
    None
    Balcony
    None
  9. Lot & land

    1
    Year built
    16-30
  10. Listing & possession

    3
    Occupancy
    Speak with agent
    Property style
    Bungalow
    Property class
    Detached Condo
  11. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Foyer
      12.9 × 7.2 ft
    • Living Room
      2 Way Fireplace
      18.2 × 16.5 ft
    • Bedroom 2
      Closet
      16.1 × 13.8 ft
    • Kitchen
      15.1 × 10.9 ft
    • Breakfast
      14.0 × 12.5 ft
    • Bedroom
      walk-in closet(s) · 5 pc ensuite
      17.9 × 15.0 ft
    • Dining Room
      2 Way Fireplace
      15.4 × 13.9 ft

    Basement level

    5 rooms
    • Bedroom 3
      Walk-In Closet(s)
      14.9 × 12.8 ft
    • Furnace Room
      39.1 × 31.4 ft
    • Utility Room
      10.4 × 8.0 ft
    • Den
      Closet
      11.7 × 11.7 ft
    • Recreation
      26.6 × 17.8 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $540
    per month
    Building details
    • Unit61
    • Storeys (building)1
    • ExposureWest
    • LockerNone
    • Parking typePrivate
    • Pet policyYes-with Restrictions
    • Ensuite laundryN
    • Condo corpMSCC
    • Corp #644
    • Property managerHuntington Properties Ltd.
    Combined estimate
    $5,121
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,421
    /mo
    based on the purchase price of $899,900
    $179,980 cash
    $719,920 financed
    $606,362 total interest
    Monthly payment$4,421/ month
    Principal54%$719,920
    Interest46%$606,362

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable detached condos that just sold in London North

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 50 Northumberland Road
      Sold
      Sign in for price
      50 Northumberland Road
      Detached Condo
    • 2080 BEAVERBROOK Avenue
      Sold
      Sign in for price
      2080 BEAVERBROOK Avenue
      Detached Condo
    • 2081 Wallingford Avenue
      Sold
      Sign in for price
      2081 Wallingford Avenue
      Detached Condo
    • 1040 Riverside Drive
      Sold
      Sign in for price
      1040 Riverside Drive
      Detached Condo
    • 725 Eagletrace Drive
      Sold
      Sign in for price
      725 Eagletrace Drive
      Detached Condo
    • 578 McGarrell Place
      Sold
      Sign in for price
      578 McGarrell Place
      Detached Condo
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 61 — 1040 Riverside DriveThis home2 / 318,001,999$899,900ask———
    50 Northumberland Road2 / 32,000—
    2080 BEAVERBROOK Avenue3 / 21,200—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detached condos in London North

    Active listings within ±20% of this asking price.

    • 1040 Riverside Drive
      $949,900
      1040 Riverside Drive
      Detached Condo 2 3
    • 1890 Richmond Street
      $799,900
      1890 Richmond Street
      Detached Condo 3 3
    • 1205 Riverside Drive
      $984,900
      1205 Riverside Drive
      Detached Condo 2 3
    • 1450 North Wenige Drive
      $879,900
      1450 North Wenige Drive
      Detached Condo 4 3
    • 1820 Canvas Way
      $824,999
      1820 Canvas Way
      Detached Condo 3 4
    • 124 North Centre Road
      $799,900
      124 North Centre Road
      Detached Condo 2 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of KELLER WILLIAMS LIFESTYLES · displayed on Summitly per MLS® data-share rules

    Unit 61 — 1040 Riverside Drive is a 2-bedroom, 3-bath, 1800-1999 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was Unit 61 — 1040 Riverside Drive built?

    Unit 61 — 1040 Riverside Drive was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  17. What is the property tax for Unit 61 — 1040 Riverside Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 61 — 1040 Riverside Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on Unit 61 — 1040 Riverside Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $899,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has Unit 61 — 1040 Riverside Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 61 — 1040 Riverside Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is Unit 61 — 1040 Riverside Drive in?

    Unit 61 — 1040 Riverside Drive is in North Q, London North. The 'Neighbourhood' section below links to the live London North real estate hub with average sold price, days on market, and current inventory.

  21. Is London North a good place to live?

    London North is one of ON's actively-tracked Summitly markets. The full London North real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  22. 2081 Wallingford Avenue
    3 / 3
    1,800
    —
    1040 Riverside Drive2 / 32,000—
    725 Eagletrace Drive2 / 31,400—
    578 McGarrell Place2 / 31,200—