Sold for:Sold Feb 17, 2026
$964,500

878 Riverside Drive

London (North Q), ON N6H 2T3

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 878 Riverside Drive, London, North Q

2026-02-11
2026-02-17
Sold
Price
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MLS#
x12779868
2026-01-06
2026-02-10
Terminated
Price
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2025-12-04
2026-01-05
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

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.

$899,612Low confidence
Based on 6 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:7.4%

5% on first $500K + 10% on $464,500 over $500K

Minimum down payment

$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
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%
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Payment frequency
=Mortgage payment
$4,530monthly$4,370monthly$4,115monthly$3,767monthly
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Land Transfer Tax

Provincial

$15,765

Total Land Transfer Tax

$15,765

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