For Sale

340 Riverside Drive

$649,900
London North, Ontario N6H 1E9 · MLS® X13532642 · Updated 1h ago
340 Riverside Drive, London North, ON N6H 1E9
1 / 30 photos
4
Bedrooms
3
Bathrooms
Sq Ft
5
Parking

About This Home

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.

Property Information

Type
Residential Freehold
Style
Detached
Architectural Style
1 1/2 Storey
Lot Size
121.39 × 99.88 ft
Direction Faces
North
Bedrooms
4 (3 + 1)
Kitchens
3
Parking
5 total · None
Cross Street
BEAVERBROOK AVE
Postal Code
N6H 1E9
Occupancy
Tenant
Possession
Immediate
MLS#
X13532642
Listing Office
THE REALTY FIRM INC.

Building Details

Construction
Brick
Roof
Shingles
Heating
Forced Air · Gas
Cooling
Central Air
Basement
Partially Finished
Fireplace
No
Pool
None

Features & Amenities

Interior
In-Law SuiteWater Heater Owned

Financials & Fees

Annual Property Tax
$6,186 (2025)

Inclusions & Exclusions

Inclusions

3 Refrigerators, 3 Stoves, Washer, Dryer, Dishwasher

Exclusions

Tenants belongings

Location

Listing courtesy of:THE REALTY FIRM INC.

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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