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408 Old Riverside Drive

408 Old Riverside Drive

London North, ON

  • 3 bed
  • 3 bath
  • approx. 2000-2500 sqft
  • Detached
$1,100,000

Rarely does an opportunity like this come along. Nestled on a spectacular 1.3-acre riverfront lot, this fully renovated sprawling bungalow offers the perfect blend of luxury, flexibility, and natural beauty. Set on a park-like property measuring an impressive 100 feet wide by 580 feet deep, this is truly a private sanctuary within the city. Step inside to discover a bright and spacious 2,000 sq. ft. open-concept floor plan highlighted by soaring cathedral ceilings and thoughtfully designed living spaces. The gourmet kitchen is a chef's dream, featuring a double-wide refrigerator, professional-grade double gas oven, abundant workspace, and seamless flow into the main living areas. The great room is the heart of the home, complete with a custom built-in wall unit and a striking gas fireplace that creates a warm and inviting atmosphere. With 3 bedrooms and 3 full bathrooms, comfort and convenience abound. A unique feature of this home is its versatile layout, allowing the main level to function as two separate suites, each with its own primary bedroom. This arrangement is ideal for multi-generational living, accommodating an elderly parent, extended family, guests, or even generating additional income. The lower level includes a finished room perfect for a rec room, home office, gym, or hobby space. Outside, enjoy exceptional outdoor living with a covered rear porch overlooking the grounds and a large patio designed for entertaining. Practical features include parking for up to 8 vehicles, an oversized detached garage with 220-amp service, and endless space to enjoy nature right at your doorstep. A rare combination of riverfront living, modern upgrades, and incredible flexibility-this exceptional property must be seen to be appreciated.

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Listing Details

Taxes (2025)
$9,455
Listed
September 24, 2026

Price History

Listing history

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Property

Style
Bungalow
Age
51-99
Construction
Brick
Roof
Shingles
Foundation
Concrete
Interior
Other
Lot Size
100.69 x 581.22 Feet

Parking

Garage
Detached
Covered Spaces
1
Total Parking
9

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Wonderland Rd & Riverside Dr
Parcel Number
080760067
Possession
60-89 days
Occupancy
Owner

Included

Inclusions
2 Refrigerators, 2 Microwaves, Stove and Dishwasher.
Rental Items
Hot Water Heater

Waterfront

Water Body
Thames River
Shoreline
Natural
Docking
None

Schools

Elementary

  • Kensal Park Public School1.1 km

    Public · Thames Valley DSB · 670 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 57% met the provincial standard

  • Eagle Heights Public School1.2 km

    Public · Thames Valley DSB · 1160 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • Woodland Heights Public School1.5 km

    Public · Thames Valley DSB · 585 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 51% met the provincial standard

Secondary

  • Westminster Secondary School2.3 km

    Public · Thames Valley DSB · 980 students

    Grade 10 literacy: 75% met the provincial standard

  • Oakridge Secondary School2.6 km

    Public · Thames Valley DSB · 1045 students

    Grade 10 literacy: 90% met the provincial standard

  • Sir Frederick Banting Secondary School3.2 km

    Public · Thames Valley DSB · 1590 students

    Grade 10 literacy: 78% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N6H

Population
44,215
Private dwellings
20,694
Median age
38.8
Average household size
2.3
Median household income
$71,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in London North · last 12 months

Median sold price
$650,000
Homes sold
1,349
Median days on market
27
Sale-to-list price
97.4%

Based on 1,349 recorded sales of residential freehold properties in London North over the last 12 months.

Listed by

SUTTON GROUP CHAPMAN REALTY INC.

Walk Score

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Mortgage Calculator

$220,000

Estimated Monthly Payment

$5,404

Land transfer tax

Estimated land transfer tax$18,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,404/mo (20% down, 5.5%)

Taxes: $788/mo · Insurance: $275/mo

Estimates only. Consult a financial advisor.

R

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