1978 Riverbend Road, London South

$969,000
1978 Riverbend Road

$969,000

New
9d
Detached2-Storey

1978 Riverbend Road, London South

Total Monthly Obligation $4,939

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
9d
Score
16
Yield
4.3%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X14031744
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-54.13 × 130.61 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$7,862 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-South A
Title-Residential Freehold

No agent assigned

1978 Riverbend Rd. offers exceptional executive living in one of London's most prestigious and highly sought-after neighbourhoods - Riverbend. Located in the city's desirable northwest quadrant, this fully renovated residence combines timeless elegance, outstanding curb appeal, and an unbeatable lifestyle surrounded by scenic walking and hiking trails, premier dining, boutique shopping, fitness studios, hot yoga, and top-tier amenities. One of the home's most remarkable features is its incredible setting - backing directly onto beautiful green space and mature woods, creating a private, peaceful backdrop rarely found in the city. The expansive rear deck offers the perfect place to relax, entertain, and enjoy the natural surroundings year-round. Designed for both sophisticated entertaining and comfortable family living, this impressive home features 5 spacious bedrooms - including 4 above grade and 1 in the fully finished lower level - along with 4 beautifully updated bathrooms. At the heart of the home is the stunning renovated kitchen, showcasing modern finishes, generous prep space, and a seamless open-concept layout flowing effortlessly into the living and dining areas. Rich hardwood flooring, expansive principal rooms, main floor laundry, and refined finishes throughout further elevate the home's luxurious character. A rare turnkey opportunity in one of London's finest communities, 1978 Riverbend Rd delivers luxury, privacy, and lifestyle in equal measure. Experience Riverbend living at its absolute best. Schedule your private showing today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$775,200
Land Transfer Taxes$15,855
Legal Fees (Est.)
$
Total cash required for closing$211,155

Total Monthly Obligation

$4,939/mo
Mortgage $3,909
Monthly Loss $3,910
Principal$1,029
Interest$2,880
Property Tax$655
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%20
10-Year IRR
8.5%
Returns Index
11.1/ 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
$41,292/yr
NOI
$24,801/yr
Net Cash Flow
-$1,842/mo
Cash Margin
-53.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.9/ 100

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

Comparables

Properties near 1978 Riverbend Road

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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