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$ 649,900
Est. payment /mo
New
340 Riverside DR London North, ON N6H 1E9
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision North N
MLS Listing ID X13532642
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $6,186
Tax Year 2025
Property Sub-Type Detached
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.
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room Yes
Basement Partially Finished
Kitchen 3
Separate Den/Office 1
Interior
Interior Features In-Law Suite, Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Circular Drive, Private Double
Pool None
Roof Type Shingles
Lot Frontage 121.39
Lot Depth 99.88
Total Parking Spaces 5
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by THE REALTY FIRM INC.