$499,999 - 340 Riverside Drive, London North
Detached for Sale in London North
Popular ListingNeighbourhood: North N
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- MLS Number
- X13885530
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London North
- Taxes (2025)
- $6,186
- Listing Brokerage
- Coldwell Banker G.R. Paret Realty Brokerage
Introducing 340 Riverside Dr. This Property Features an Abundance of possibilities (including severance) with a Triple Wide Lot (122 ft Frontage) and R2-2 Zoning. The Property is being sold as a Single Family Residential Which Features 2 Seperate in-Law Suites. Main House Includes 3 generously sized bedrooms with a large Open Concept kitchen/dining room, 2 living rooms which could easily be converted to an office, Den, or Gym. as well as a private back deck with loads of extra space throughout. In-Law Suite #1 has a separate Walk-Up Entrance Which includes 1 bedroom, an Open Concept Kitchen/Dining/Livingroom, with a 3 Piece Bath. In-Law Suite # 2 Is Completely Separated on the Main floor with a Private Entrance and Back yard making it Perfect to Maintain Privacy within the House, and add to the Possible uses to add value. Recently Updated Throughout with; updated Bathrooms, Fixtures, Main Unit Flooring, Granite Counter Tops, Privacy Fence, 200 Amp Breaker Panel as well as Brand New Furance (2026), and Owned Water Heater. Impeccable Landscaping lets you enjoy the peacefull view of mature trees while completeing forgetting you in the heart of London just minutes away from All amenities. This Property with endless possibilities would be a great invesment no matter if your a firstime home buyer, downsizer or investor.
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
5-yr fixed avg.
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.
Discover North N
North N 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 North N
- •Convenient location in London North
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
North N 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.
340 Riverside Drive, London North
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $333/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.
Detached Home Advantages
Detached homes in London North are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London North. Good resale value as demand remains consistent.
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 North N
I know North N 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.