54 Riverside Avenue, South River, ON

$334,900
MLS#:X12323922
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of South River. Expertly crafted featuring premium board & batten and wood construction, this residence presents an exceptional opportunity offered at $334,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 132 x 66 ft lot
  • Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, In-Law Capability, Guest Accommodations
  • Efficient forced air heating via gas

Description

Welcome to this charming century home on a corner lot in South River. Vines adorn board and batten, wood siding, and the home is surrounded by flowers, gardens and trees, perfect for those who enjoy working in the yard. The main floor provides opportunity for a family in-law suite with a private entrance, open kitchen, dining & living room, one bedroom and 3-pc bath with laundry. A gas fireplace and bay window nook with a great view of the yard, provide comfort and warmth. This self contained space can easily be opened up to the rest of the home if required. In the main living area, a welcoming foyer with laundry set up, leads to a large livingroom with a bay window, beautiful custom maple flooring and a spacious eat-in kitchen. Two ample size bedrooms and a 4-pc family bath are located upstairs. One bedroom features a walk-out balcony. The unfinished basement has part crawlspace, concrete and earth floors, and features a high efficiency furnace, electric HWT(both iunder rental contract), sump pump, stone foundation, and a wood stove (not currently being used). Two driveways, a heated 16'X24' garage, and a trailer converted to a sleep bunkie provide further convenience. Located just off Hwy 11, close to Tom Thompson Park, Algonquin Park, and walking distance to all South River amenities. Enjoy living in this area known for many lakes and outdoor recreational activities. Call to view this country style, character filled home. Look for the red metal roof.

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Property Summary

This detached home located at 54 Riverside Avenue, South River is currently for sale and has been available on SousaSells for 347 days. This property is listed at $334,900 with an estimated mortgage of $1,115* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 54 Riverside Avenue, South River is in the South River neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 3, 2025
Sold price information is available to members only
Listed Date8/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBoard & Batten , Wood
BasementPartial Basement, Unfinished
Lot Size132 × 66 Feet
CountyParry Sound
Annual Tax$1,628.16
Legal DescriptionLT A PL 134; SOUTH RIVER

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Library, Lake/Pond, Marina, Park, Rec./Commun.Centre

Interior Features

Carpet Free, In-Law Capability, Guest Accommodations, Storage, Water Heater, Water Meter

Security Features

Community Features

Location

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54 Riverside Avenue, South River, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 54 Riverside Avenue E, South River, ON P0A 1X0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South River.

Configure Loan Settings

Interest Rate4.00%
Down Payment$100,470 (30.0%)
* Minimum Canadian down payment required for this price is $16,745.
Amortization Period30 Years
Estimated Monthly Payment$1,115Based on a loan of $234,430 over 30 years.
Purchase Price$334,900
Loan Amount$234,430
Provincial Land Transfer Tax:$3,499
Total Estimated Closing Taxes:$3,499

About Purchasing a Home in South River, ON

For a property listed at $334,900 in South River, the legal minimum down payment is $16,745 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,499 for this transaction. As this listing is in South River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,499.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South River, South River.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$420,259

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.