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Ali Aliasgari

Broker
iCloud Realty Ltd., Brokerage Independently owned and operated. 55 City Centre Drive unit 503, Mississauga, Ontario L5B1M3 Cell: 416-904-9571Office: 905-268-1000

$649,900
Available - For Sale
Listing ID: X13532642
340 Riverside Drive , London North, N6H 1E9, Middlesex


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.
Price $649,900
Taxes: $6186.00
Assessment Year: 2025
Occupancy: Tenant
Address: 340 Riverside Drive , London North, N6H 1E9, Middlesex
Directions/Cross Streets: BEAVERBROOK AVE
Rooms: 11
Rooms +: 3
Bedrooms: 3
Bedrooms +: 1
Family Room: T
Basement: Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 18.99 10.99
Room 2 Main Great Roo 18.99 18.47
Room 3 Main Dining Ro 17.97 9.97
Room 4 Second Primary B 18.3 15.97
Room 5 Second Bedroom 2 11.97 11.97
Room 6 Second Bedroom 3 11.97 8.5
Room 7 Main Living Ro 18.99 18.47
Room 8 Main Kitchen 11.48 7.48
Room 9 Lower Kitchen 11.97 8.99
Room 10 Lower Living Ro 18.47 12.5
Room 11 Lower Bedroom 10.3 8.33
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 3 Main
Washroom Type 3 3 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Circular D
Drive Parking Spaces: 5
Park #1
Parking Type: Circular D
Park #2
Parking Type: Circular D
Park #3
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THE REALTY FIRM INC.
Personal Picture
Ali Aliasgari
Broker
Dir:
416-904-9571
Bus:
905-268-1000
 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London North
Neighbourhood: North N
Style: 1 1/2 Storey
Lot Size: x 99.88(Feet)
Approximate Age:
Tax: $6,186
Maintenance Fee: $0
Beds: 3+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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