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For Sale · London North

340 Riverside Drive

London, ON · MLS® X13532642

Listing courtesy of THE REALTY FIRM INC.

$649,900

340 Riverside Drive — photo 1
Bedrooms
4
Bathrooms
3
Square Feet
1,500–2,000
Year Built
Lot Size
121.39 × 99.88 Feet
Property Type
Detached
Neighbourhood
London North
Status
For Sale

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.

Features

  • Basement: Partially Finished
  • Garage: None
  • 5 parking spaces
  • Cooling: Central Air
  • Heating: Forced Air
  • 3 kitchens

Location

Approximate location, geocoded from the listing address.

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