- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,600–1,799sq ft
- Per sq ft
- $318at the range’s middle
- Tax a year
- $4,5602025 tax year
- Built
- 6-10
- Parking
- 21 attached
- Days on market
- Members
The brief
About 57-1220 Riverbend Rd
57-1220 Riverbend Rd is a 3-bedroom, 3-bathroom condo townhouse in South B, London South, listed for sale at an asking price of $539,900 (MLS® X13802302).
Welcome to this fabulous, turnkey 3-bedroom, 2.5-bath townhouse condo built in 2018 by top-rated builder Fusion, located in South London's highly desirable, family-friendly Riverbend neighborhood. Tucked away from the main road for peaceful living, this immaculate home features a sun-filled, open-concept main floor with laminate and engineered hardwood flooring, a modern kitchen with quartz countertops, premium stainless steel appliances, and a functional island, and a bright living area ideal for relaxation or entertaining. Upstairs, you will find convenient second-floor laundry alongside three spacious bedrooms, including a luxurious primary suite with a walk-in closet and glass-shower ensuite. Complete with a single-car garage with inside entry, an unfinished basement ready for custom finishing, low condo fees, and an unbeatable location surrounded by top-rated schools, a top-ranked university, trendy restaurants, trails, and every modern amenity near West Five, this bright move-in-ready home provides the complete package for easy modern living.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$729/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 29 condos with 3 bedrooms for lease in London South right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,560 / 2025
- MLS® number
- X13802302
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 6-10
- Days on market
- Size
- 1600-1799 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- South B
- Municipality
- London South
Building
- Size
- 1600-1799 sqft
- Building Age
- 6-10
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 2 × 4pc 2nd, 1 × 3pc Main
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Air conditioner ,SS Fridge, SS Stove,B/I Dishwasher, Washer, Dryer,, Window Coverings, Garage door Remote
- Condo maint.
- $285
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.236 × 5.791 m | Vinyl Floor, Large Window, Walk-Out | Main |
| Dining | 2.59 × 3.35 m | Combined W/Kitchen | Main |
| Kitchen | 2.74 × 3.35 m | Quartz Counter, Centre Island, Stainless Steel Appl | Main |
| Br | 3.99 × 4.36 m | 4 Pc Bath, W/I Closet, Large Window | 2nd |
| 2nd Br | 2.65 × 4.94 m | Large Closet, Large Window | 2nd |
| 3rd Br | 3.05 × 4.63 m | Large Closet, Large Window | 2nd |
| Foyer | 1.49 × 5.46 m | — | Main |
Listing history
Buy/sell history for 57-1220 Riverbend Rd, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $539,900 | N/A | Pc | X13802302 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $107,980
- Total mortgage amount
- $431,920
- Total interest payment
- $307,280
- Total purchase cost
- $847,180
- Mortgage payment
- $2,464/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
44%Monthly carrying cost
$3,129- Rent $2,400
- Shortfall $729
Rental income opens at $2,400, the median asking rent of 29 comparable homes for lease in London South. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,273
- Total land transfer tax
- $7,273
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,273
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $539,900
- $2,798
- Ontario total
- $7,273
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 9.9 m.250 m
- Groundwater recorded about 6.3 m below ground nearbyThe middle water level in the well records within 500 m (23 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- 1 licensed pit or quarry within 2 kmThe nearest is 1.2 km away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Oxford Pollution Control Plant, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in South B right now
- For sale now
- 18
- Median asking price
- $500K
- New in 7 days
- 0
- Price cuts
- 28%
Middle half: $437K to $580K
7 in 28 days
5 listings
This home is asking 8% above the median.
See all homes in South BAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Nicholas Senior Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 550 m | 86%Grade 6 average |
| Byron Northview Public SchoolThames Valley DSB | Public · grades JK–8 | 1.8 km | 74%Grade 6 average |
| John Dearness Public SchoolThames Valley DSB | Public · grades JK–8 | 2.4 km | 93%Grade 6 average |
| École élémentaire Marie-CurieConseil scolaire Viamonde | French-language public · grades JK–6 | 2.8 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.1 km | 64%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 4 km | 64%Grade 9 math |
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 5.9 km | 46%Grade 9 math |
| Sir Frederick Banting Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 6.2 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in South B are shown to signed-in members.