398 Old Riverside Dr.
398 Old Riverside Drive
Units11
Built2001
Registered as condos2001
Average MLS Selling Price 2021Sample size (1) too small to report
Average MLS Selling Price 2019-2020No MLS sales
Details:
Old Riverside Drive is a short street of three houses and this condo project on Old Riverside Drive is on the south side of Riverside Drive just north of the Thames River and just west of a set of railway tracks which then cross over the river. Going further west on Riverside Drive and slightly down a hill takes you to Wonderland Road. This complex sits on a ten acre site and the area just north of the river and south of this complex is called "Riverside Walk Park" and is largely undeveloped. It is in a natural state because there is no public access to it.
Units 1 – 4 face the street and a second cluster, units 5 – 11 sit directly behind them backing onto greenery and these units enjoy lower-level walkouts. Unit sizes are in the 1,400 square feet range and have nine foot ceiling, large windows and tray ceilings in the living room.
Speckled brown-red bricks, tan/taupe coloured siding, eaves and garage doors, brown shingles, two car garages and block style driveways. Off in the distance to the north east is the outline of the new "The Mosiak" low rise luxury rental buildings by "Old Oak Properties" on Sugarcreek Trail.
Seldom do units in this small project become available. Riverside Drive offers quick and wasy access to London's downtown core.
In 2021 the condo fees were in the $376.00 per month range.
In this neighbourhood 17% own; 83% rent. Apartments make up 91% of the housing stock. 47% of the population has English as the dominant language followed by Mandarin at 18%; Arabic at 9%; Spanish at 7% and other languages at 4%. 53% of the population are between 20 and 44 years old and 15% 65+.