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. (id:46416)
| MLS® Number | X13532642 |
| Property Type | Single Family |
| Community Name | North N |
| Features | In-law Suite |
| Parking Space Total | 5 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Appliances | Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Partially Finished |
| Basement Type | N/a (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1500 - 2000 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,10 In |
| Size Frontage | 121 Ft ,4 In |
| Size Irregular | 121.4 X 99.9 Ft |
| Size Total Text | 121.4 X 99.9 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 5.58 m | 4.87 m | 5.58 m x 4.87 m |
| Second Level | Bedroom 2 | 3.65 m | 3.65 m | 3.65 m x 3.65 m |
| Second Level | Bedroom 3 | 3.65 m | 2.59 m | 3.65 m x 2.59 m |
| Lower Level | Bedroom | 3.14 m | 2.54 m | 3.14 m x 2.54 m |
| Lower Level | Kitchen | 3.65 m | 2.74 m | 3.65 m x 2.74 m |
| Lower Level | Living Room | 5.63 m | 3.81 m | 5.63 m x 3.81 m |
| Main Level | Kitchen | 5.79 m | 3.35 m | 5.79 m x 3.35 m |
| Main Level | Great Room | 5.79 m | 5.63 m | 5.79 m x 5.63 m |
| Main Level | Dining Room | 5.48 m | 3.04 m | 5.48 m x 3.04 m |
| Main Level | Living Room | 5.79 m | 5.63 m | 5.79 m x 5.63 m |
| Main Level | Kitchen | 3.5 m | 2.28 m | 3.5 m x 2.28 m |
https://www.realtor.ca/real-estate/29999468/340-riverside-drive-london-north-north-n-north-n
Contact us for more information
Jack Nakhle
Salesperson
Mark Maynes
Broker
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