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$589K · 3 bed Vacant Land Condo · South B, London South | MyPropertyScout

$588,900

Unit 74

61 DOM

3361d

Map

DOM 61

$588,900

A●●●○○DOM61days

Unit 74

1175 Riverbend Road · London South · Ontario N6K 0L2

MLS® X13063532 · South B · N6K 0L2

33Vacant1600-1799 ft²Vacant Land Condo1-car Attached61d$347/ft²$0 tax/yrNew build

6% below market · 61 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Currently under construction with a June 2026 completion, this newly built modern freehold vacant land condo townhome is crafted by award-winning Lux Homes Design and Build Inc. and located in the desirable Riverbend Towns community in West London. This move-in-ready two-storey home features an open-concept main floor with oversized windows, nine-foot ceilings, and a contemporary kitchen with quartz countertops and sleek cabinetry. The bright and functional living and dining areas are ideal for…

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Property details

MLS#: X13063532
Status: Buy Now
Beds: 3
Baths: 3 full, 0 half
Size: 1600-1799
Style: 2-Storey
Type: Vacant Land Condo
Year built: —

Roof: Asphalt Shingle

Condo corp #: 988
Balcony: None
Locker: None
Fees include: Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Vinyl Siding, Stone
Fronting on: —
Cross street: OXFORD ST W / RIVERBEND Rd.
Basement: Unfinished
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Central Vacuum, On Demand Water Heater
Parking features: —

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SUTTON GROUP - SELECT REALTY

Source: TRREB/PROPTX · MLS® X13063532

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$589K

Unit 74 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $588,900✓ $0 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,421/mo

incl. closing costs (yr 1)

Annual total

$53,051

year 1

Mortgage only

$2,234/mo

principal + interest

Beyond mortgage

$1,041/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$117,780

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$0/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,889/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$10/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,253

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $26,809/yr

Property taxes16% $8,253/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance11% $5,889/yr

Condo fees3% $1,440/yr

Closing costs10% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,809	$2,234/mo
Government & taxes
Land transfer tax(closing)	$8,253	$688/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,889	$491/mo
Condo fees
Condo / HOA fees	$1,440	$120/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$53,051	$4,421/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 74

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs