1151 Riverside Drive 5, London North

$629,900
1151 Riverside Drive 5

$629,900

Price Change
160d
Condo TownhouseBungalow

1151 Riverside Drive 5, London North

Total Monthly Obligation $3,812

Bed+Den
3+1
Baths
3
Park
2
Sqft
1200-1399
DOM
160d
Score
16
Yield
4.9%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Townhouse
MLS® Number-X13139266
Bed+Den-3+1
Bathrooms-3
Size-1200-1399 sqft
Listed on site-May 16, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-31-50
Taxes-$4,459 (2025)
Maintenance-$699.62/mo
Locker-None
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-PG DIRECT REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-North O
Title-Residential Condo & Other

No agent assigned

Visit REALTOR website for additional information. Tucked into the exclusive, Sifton-built Hazelden Trace enclave, this beautifully maintained end-unit bungalow condo offers refined, low-maintenance living in one of Hyde Park's most desirable settings. Surrounded by mature trees in a quiet, private complex, this home combines comfort, style, and convenience. As an end unit, you'll appreciate the abundance of natural light that fills the bright, open-concept main living area. The spacious Living room features a cozy gas fireplace and flows effortlessly into the dining room-perfect for entertaining or relaxing evenings at home. The large eat-in kitchen features a charming bay window overlooking the private terrace, creating a cheerful space for casual meals and morning coffee. The main floor primary suite offers a generous walk-in closet and private ensuite. A second bedroom, full 3-piece bath, and convenient main-floor laundry provide excellent functionality and true one-level living. The fully finished basement expands your space with a welcoming family room, additional bedroom, 2-piece bath, and ample storage-ideal for guests, hobbies, or extended family stays. Step outside to enjoy the newer private back deck, a peaceful retreat framed by mature greenery. An attached double-car garage plus parking for two additional vehicles on the driveway and visitor parking ensures plenty of space for family and friends. Notable updates include newer A/C and gas furnace, finished basement, updated bathroom countertops, kitchen backsplash, and appliances-adding modern comfort and value. Ideally located in Hyde Park, just minutes from Spring bank Park, Thames Valley Golf Course, Remark, and a wide array of shopping, dining, and amenities, this home offers the perfect blend of tranquility and accessibility. A rare opportunity in a highly sought-after bungalow community-don't miss your chance to call Hazelden Trace home.

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Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,812/mo
Mortgage $2,541
Monthly Loss $3,143
Principal$669
Interest$1,872
Property Tax$372
Condo Fees$700
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.4%12
10-Year IRR
7.2%
Returns Index
7.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,804/yr
NOI
$12,469/yr
Net Cash Flow
-$1,502/mo
Cash Margin
-58.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
20.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1151 Riverside Drive 5

Time

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Data last updated within the past 24 hours.