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$1.40M · 3+1 bed Detached · North Q, London North | MyPropertyScout

$1,399,900

712 Riverside Drive

3+13OwnerOccupied

Map

WaterfrontPool

$1,399,900

DOM16days

712 Riverside Drive

London North · Ontario N6H 2S4

MLS® X13425256 · North Q · N6H 2S4

3+13OwnerOccupied3000-3500 ft²Detached2-car AttachedPool16d$431/ft²Lot 75.2 x 281.6 ft$13,411 tax/yr

16 days on market

About this home

Rare Riverfront Retreat meets Urban Chic. QUESTION: Do you buy or build a luxury home OR buy a waterfront property? Why not DO BOTH! Also, multi-million dollar redeveloped neighbouring properties make this a solid long term investment. With this property, you can have a custom built home in a private cottage-like setting just minutes from downtown and other great amenities. This premium lot is nestled on the bank of the Thames River. It is truly a rare find with 75 feet of frontage and over 280…

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Property details

MLS#: X13425256
Status: Buy Now
Beds: 3+1
Baths: 3 full, 0 half
Size: 3000-3500
Style: 2-Storey
Type: Detached
Year built: —

Roof: Cedar
Foundation: Concrete

Fireplace features: Wood

View: River

Waterfront: Yes
Water view: Direct,Partially Obstructive
Water body: Thames River
Water frontage: 22.98 ft
Shoreline: Mixed
Waterfront features: River Front

Garage: 2-car Attached
Garage spaces: 2
Parking: 8 total
Lot: 75.19 × 281.56
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Pool: Yes
Exterior: Stone, Cedar
Fronting on: South
Cross street: Wonderland & Riverside
Basement: Full
Stories: —
Utilities: —
Laundry: —
Interior: Other
Parking features: —

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

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 CHAPMAN REALTY INC.

Source: TRREB/PROPTX · MLS® X13425256

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$1.40M

712 Riverside Drive · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,399,900✓ $13,411 tax✓ Gas✓ 3000-3500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$10,675/mo

incl. closing costs (yr 1)

Annual total

$128,102

year 1

Mortgage only

$5,311/mo

principal + interest

Beyond mortgage

$2,867/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$279,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,118/mo

Utilities

Hydro / electricity$228/mo

≈ $0.07/ft² × ~3,250 ft² · ON avg ~$228/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%$13,999/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

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$24,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)50% $63,729/yr

Property taxes30% $37,884/yr

Utilities5% $5,790/yr

Insurance & security1% $1,600/yr

Maintenance11% $13,999/yr

Closing costs4% $5,100/yr

Mortgage is 50% of your true cost of ownership. The other 50% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$63,729	$5,311/mo
Government & taxes
Property tax	$13,411	$1,118/mo
Land transfer tax(closing)	$24,473	$2,039/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,730	$228/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$13,999	$1,167/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	$128,102	$10,675/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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712 Riverside Drive

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs