1151 Riverside Drive 17, London North

$530,000
1151 Riverside Drive 17

$530,000

Price Change
85d
Condo TownhouseBungalow

1151 Riverside Drive 17, London North

Total Monthly Obligation $3,397

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
85d
Score
17
Yield
5.8%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Condo Townhouse
MLS® Number-X13623778
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Jul 30, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-31-50
Taxes-$4,292 (2025)
Maintenance-$701.5/mo
Locker-None
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ICON REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-1-29 days
Neighbourhood-North O
Title-Residential Condo & Other

No agent assigned

Welcome to Hazelden Trace, a well-established community offering the perfect blend of comfort, convenience, and low-maintenance living. This 2 bedroom, 2 bathroom condo is thoughtfully designed for easy, move-in ready living. The updated kitchen features granite countertops and new pot lighting, offering a bright, modern space for everyday cooking and entertaining. Convenient main floor laundry adds to the functionality of this well-laid-out home, making day-to-day living simple and efficient. The furnace and air conditioning were both updated in 2017, and the attic insulation was topped up in 2020 - meaning the. With 2 comfortable bedrooms and 2 full bathrooms, this condo suits downsizers, first-time buyers, or anyone looking to simplify without sacrificing quality. The low-maintenance condo lifestyle means more time enjoying life and less time on upkeep and exterior chores. Whether you're downsizing or simplifying, this condo offers the best of low-maintenance living without compromise.

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Closing Costs

Mortgage Amount
$424,000
Land Transfer Taxes$7,075
Legal Fees (Est.)
$
Total cash required for closing$114,575

Total Monthly Obligation

$3,397/mo
Mortgage $2,138
Monthly Loss $2,834
Principal$563
Interest$1,575
Property Tax$358
Condo Fees$702
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.9%18
10-Year IRR
8.4%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$12,614/yr
Net Cash Flow
-$1,087/mo
Cash Margin
-42.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.2/ 100

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

Comparables

Properties near 1151 Riverside Drive 17

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.