1220, 1228-1244 Riverbend Road
"Avant at River Bend"
1220, 1228-1244 Riverbend Road
Units74
Built2015-2019
Registered2016
Average MLS Selling Price 2023$669,700 (based on 5 MLS sales)
Average MLS Selling Price 2022$788,800 (based on 8 MLS sales)
Average MLS Selling Price 2021$622,400 (based on 12 MLS sales)
Average MLS Selling Price 2020$472,000 (based on 13 MLS sales)
Amenities
Details:
"Fusion Homes" built. In our pictures we show three "Riverbend Road" views. Our primary picture shows one unit which was used as a "model home" unit. It has front stone, front steps, multi-pitched rooflines and a merriment of delightful side windows. We note however that most units in this complex are actually inside units with no side windows.
This complex is built in eleven clusters with the largest of clusters being seven and eight units in size. One cluster of six units face onto Riverbend Road and four clusters of units face north onto Oxford Street West, separated by wrought iron fencing and brick pillars. The six Riverbend Road units are of a different design with rear garages. All of the garages in this complex are single car garages and in some clusters they protrude out more than in other clusters. Unit sizes within this complex vary slightly. Known unit sizes are 1,268, 1,487; 1,557; 1,567; 1,570; 1,620; 1,636 and 1,758 square feet. Adequate visitor parking with some spaces saying "Authorized Parking Only".
Red/Brown shingles or brown shingles. Mostly tan trim and siding however some grey trim. Covered front entrances. Some units have cement rear patios. Several small pockets of visitor parking.
Minor elevation changes exist within this complex. Not all units enjoy the same basement window arrangements. Rear decking arrangement may change from cluster to cluster and unit to unit. This complex enjoys a small center area of greenery with a children's playground area. The finishing landscaping were poorly done with trees planted in a helter skelter fashion. This is a comment we seldom make. Seven units in one interior cluster have inoperable rear sliding glass doors because rear decks were never built.
We also note that this project shares one common entranceway and recent calculations by the city indicate that over 21,000 cars and trucks drive by the complex everyday on Oxford Street West. A neighbourhood school is also still a few years away.
The intersection of Oxford Street West and Riverbend Road now has stoplights, a "McDonald's" and a large new commercial building built by "Sifton" that is partially used as its headquarters. This section of Oxford Street West is only two lanes wide and needs to be widened. Turning left off of Oxford onto Riverbend Road is often a near impossible challenge. All that may change as Oxford Street gets further built out.
Many of these units were initially purchased by investors for rental purposes. This is after all a neighbourhood of high end houses. A new school is still to come to this neighbourhood.
* Fusion Homes is head quartered in Guelph and continues to build in the Kitchener-Guelph area where prices are higher than they are in London. In past times they described the home buying journey as step one daydreaming, step two the hunt, step three finding the one, step four the details, step five waiting, step six move in, step seven living. Things were simpler back in 2017, 2018 and 2019 when investing in real estate made some people rich. Even in today's market, advantageous deals can still be found. It simply requires patience and the expertise of a discerning realtor who meticulously studies market trends.
Property Manager
Highpoint Property Management 226-663-7779