340 Riverside Drive
$599,900
Annual taxes: $6,186 (2025)
4
Bedrooms
3
Bathrooms
1500-2000
Sqft Range
—
Approx. Age
Property Overview
MLS®
X13639732
Status
Active
Property Type
Residential Freehold
Property Sub-Type
Detached
List Price
$599,900
Taxes
$6,186 (2025)
Square Footage (Range)
1500-2000
Bedrooms
4
Bathrooms
3
Parking
5 spaces
Basement
Partially Finished
Cooling
Central Air
Sewer
Sewer
Style
1 1/2 Storey
City
London North
Postal Code
N6H 1E9
Property 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.
Property Features
Room Details (11)
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Bedroom 3 | Second | 3.65 × 2.59 | — |
| Bedroom | Lower | 3.14 × 2.54 | — |
| Great Room | Main | 5.79 × 5.63 | — |
| Living Room | Main | 5.79 × 5.63 | — |
| Kitchen | Main | 3.5 × 2.28 | — |
| Bedroom 2 | Second | 3.65 × 3.65 | — |
| Living Room | Lower | 5.63 × 3.81 | — |
| Kitchen | Lower | 3.65 × 2.74 | — |
| Primary Bedroom | Second | 5.58 × 4.87 | — |
| Kitchen | Main | 5.79 × 3.35 | — |
| Dining Room | Main | 5.48 × 3.04 | — |
Mortgage Calculator
Estimate your monthly payment
Estimated Monthly
$2,944
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
THE REALTY FIRM INC.
Data via TRREB / AMPRE IDX
The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.
Some images may be artist renderings, virtually staged, or digitally enhanced for illustrative purposes only.