
878 Riverside Drive
London (North Q), ON N6H 2T3
- 2+2Bedrooms
- 4Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $7,058Tax
- 98×192 ftLot Size
- Estimated Value:$899,612See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 878 Riverside Drive, London, North Q
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About 878 Riverside Drive, London, North Q
Summarized Description
- Over 3,500 sq. ft. of upgraded living space
- Top-performing Airbnb with income potential
- Fully remodeled with modern finishes
- Private walk-out basement suite available
- Heated saltwater pool and hot tub
- Abundant parking with six-car driveway
- Soundproofing and heated floors throughout
- Exceptional entertaining backyard space
A rare opportunity on prestigious Riverside-this fully remodelled home offers over 3,500 sq. ft. of upgraded living space and features the highest-earning Airbnb in London for 2025. The standout feature is the completely finished walk-out basement with a private entrance, designed as a fully self-contained suite. It includes two spacious bedrooms, a full modern kitchen, its own laundry, a cozy living area with a statement fireplace wall, heated ceramic floors with individual controls, and even an INDOOR SAUNA. All appliances are included. This lower level operates as a top-performing short-term rental, making it an exceptional income-generating opportunity or mortgage helper. The main floor is equally impressive, offering a bright, open living room with hardwood floors and a striking fireplace feature wall, a sleek gourmet kitchen with modern cabinetry, two bedrooms, a full bathroom, a powder room, laundry, and a versatile additional room that can function as a family room, dining space, or extra bedroom. Set on an incredible private lot, the backyard is built for entertaining, featuring a heated saltwater pool, hot tub, new pool fence, and plenty of space to enjoy summer gatherings. Parking is abundant with a six-car driveway and a two-car garage. Additional upgrades include soundproofing between levels, heated floors, and two electrical panels. Live upstairs while generating substantial income below. This is a truly exceptional, must-see property.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,058
- Land Transfer Tax Fee
- $15,765
- Basement Type
- Finished with Walk-Out, Separate Entrance, Walk-Out
Interior Features
- Interior Extras
- Accessory Apartment, Auto Garage Door Remote, Carpet Free, Countertop Range, In-Law Capability, Guest Accommodations, Primary Bedroom - Main Floor, Water Heater, Upgraded Insulation
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Living Room, Family Room
- Elevator
- No
Exterior Features
- Pool
- Inground, Salt
- Property Features
- Clear View, Fenced Yard
- Other Structures
- Fence - Full, Garden Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 97.62 ft
- Lot Depth
- 192.00 ft
Inclusions
- Inclusions
- FRIDGE X2, STOVE X2, DISHWASHER X2, WASHER, DRYER X2, HOT TUB, SAUNA
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Septic
- Bedrooms
- 2 + 2
- Washrooms
- 4
- Kitchens
- 2
- Family / bonus room
- Yes
Washrooms
- 4-piece, Main
- 2-piece, Main
- 4-piece, Basement
- 2-piece, Basement
- Municipality
- London
- Neighbourhood
- North Q
- Main cross streets
- Between Hyde Park and Wonderland
- Directions
- Westbound on Riverside. Property will be on the south side of Riverside
- MLS® number
- X12779868
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-02-17
- Listed on
- 2026-02-11
- Days on market
- 6 days
- Possession date
- 2026-02-12
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- BLUE FOREST REALTY INC.
Home Market Value
Current home valuation for 878 Riverside Drive, London, North Q, London, ON. Listed for $964,500
HOMEH Estimate
$899,612
Estimated Sales Range
$629,728 - $1,169,496
HOMEH Estimate for 878 Riverside Drive, London, North Q
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $464,500 over $500K
$71,450
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $35,686 | $26,910 | $22,955 | $0 |
=Total mortgage | $927,848 | $894,960 | $842,780 | $771,600 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,530monthly | $4,370monthly | $4,115monthly | $3,767monthly |
Land Transfer Tax
$15,765
$15,765
Around this home
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