1220 Riverbend Road Unit 63, London South

Price: $499,900

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X14100744

Nestled in South London's highly desirable Riverbend neighborhood in South London, this immaculate 3-bedroom, 2.5-bath townhouse built by Fusion in 2018 offers the ultimate blend of modern style and effortless living and features brand new paint throughout, making it completely fresh and ready for you to move right in. The sun-filled open-concept main floor features laminate flooring, complemented by a sleek kitchen with quartz countertops, premium stainless steel appliances, and a functional island. Upstairs, you will find three spacious bedrooms-including a luxurious primary suite with a walk-in closet-alongside convenient second-floor laundry. Complete with a deep single-car garage, an unfinished basement ready for your personal touch, low condo fees, and an unbeatable location near top-rated schools, parks, trails, and West Five amenities, this move-in-ready home truly delivers the complete package.

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active
New Listing

$499,900 - 1220 Riverbend Road Unit 63, London South

Condo for Sale in London South

New — Listed 4 days ago

Neighbourhood: South B

3Beds
3Baths
1,600Sq Ft
Condo

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Property Details
MLS Number
X14100744
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
London South
Taxes (2026)
$4,698
Maintenance Fees
$285/mo
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Nestled in South London's highly desirable Riverbend neighborhood in South London, this immaculate 3-bedroom, 2.5-bath townhouse built by Fusion in 2018 offers the ultimate blend of modern style and effortless living and features brand new paint throughout, making it completely fresh and ready for you to move right in. The sun-filled open-concept main floor features laminate flooring, complemented by a sleek kitchen with quartz countertops, premium stainless steel appliances, and a functional island. Upstairs, you will find three spacious bedrooms-including a luxurious primary suite with a walk-in closet-alongside convenient second-floor laundry. Complete with a deep single-car garage, an unfinished basement ready for your personal touch, low condo fees, and an unbeatable location near top-rated schools, parks, trails, and West Five amenities, this move-in-ready home truly delivers the complete package.

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Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South B

Discover South B

South B is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South B

  • •Convenient location in London South
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

South B offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1220 Riverbend Road Unit 63, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
6.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$285
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,497

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $312/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $285/month fees should cover building insurance, common elements, and reserve contributions.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About South B

I know South B well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1220 Riverbend Road Unit 63, London South | $499,900 | Battaglia Team