340 Riverside Drive,London North, ON N6H 1E9
London North, ON N6H 1E9
Description
Welcome to 340 Riverside Drive, this well-maintained home offers an excellent opportunity for investors, owner-occupants or large families looking for a property with solid rental income and significant recent upgrades. Unit A is a large 3 bedroom, 2 storey apartment with a large kitchen/dining room area, 2 living rooms, a private back deck, lots of extra space throughout. Unit B is a 1 bedroom with lots of space. The basement is completely separate and fully renovated too. Over the past five years, the property has undergone extensive improvements, including new vinyl flooring throughout, updated paint and trim, a high-efficiency furnace installed in 2026, a newer water heater, updated toilets, and numerous interior renovations. While the exterior has been enhanced with fresh paint, new landscaping, and a privacy fence. The property currently generates **$3,600 per month in gross rental income**, with the one-bedroom unit renting for **$1,400/month** (all-inclusive) and the three-bedroom unit renting for **$2,200/month** (all-inclusive). This home is in a great area, close to downtown, all shopping, anything you can think of.
Details
| MLS # | X13639732 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 36 |
| Listing Provided By | THE REALTY FIRM INC. | X13639732 799000 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.28 |
Interior
| Interior Features | In-Law Suite, Water Heater Owned |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Circular Drive, Private Double |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 6186 |
|---|---|
| Tax Legal Description | PART LOT 24, PLAN 368, AS IN 738683 LONDON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Middlesex |
| City | London North |
| Postal Code | N6H 1E9 |
| Area | North N |
| Listing VS Median (in N6H 1E9) | |
Price: $599,900 low | high Med: $0 On site: 36 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Middlesex |
| City | London North |
| Postal Code | N6H 1E9 |
| Area | North N |
| Listing VS Median (in N6H 1E9) | |
Price: $599,900 low | high Med: $0 On site: 36 low | high Med: | |
