1220 Riverbend Road 63, London South

$499,900
1220 Riverbend Road 63

$499,900

New
2d
Condo Townhouse2-Storey

1220 Riverbend Road 63, London South

Total Monthly Obligation $2,893

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
2d
Score
23
Yield
6.7%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.0%
Property Type-Condo Townhouse
MLS® Number-X14100744
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,697.74 (2026)
Maintenance-$285.42/mo
Locker-None
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Aluminum Siding
Possession-Immediate
Neighbourhood-South B
Title-Residential Condo & Other

No agent assigned

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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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,893/mo
Mortgage $2,016
Monthly Loss $2,363
Principal$531
Interest$1,486
Property Tax$391
Condo Fees$285
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.3%52
10-Year IRR
12.5%
Returns Index
27.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$33,348/yr
NOI
$19,490/yr
Net Cash Flow
-$392/mo
Cash Margin
-14.1%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8114
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
29.5/ 100

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

Comparables

Properties near 1220 Riverbend Road 63

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.