DetachedActive

340 Riverside Drive

340 Riverside Drive, London North, ON N6H 1E9·MLS® X13639732

$599,900

Annual taxes: $6,186 (2025)

4

Bedrooms

3

Bathrooms

1500-2000

Sqft Range

Approx. Age

Property Overview

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

Finished BasementIn-Law SuiteWater Heater Owned

Room Details (11)

RoomLevelDimensionsFeatures
Bedroom 3Second3.65 × 2.59
BedroomLower3.14 × 2.54
Great RoomMain5.79 × 5.63
Living RoomMain5.79 × 5.63
KitchenMain3.5 × 2.28
Bedroom 2Second3.65 × 3.65
Living RoomLower5.63 × 3.81
KitchenLower3.65 × 2.74
Primary BedroomSecond5.58 × 4.87
KitchenMain5.79 × 3.35
Dining RoomMain5.48 × 3.04

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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.

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