$599,900
6.44 BTC
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340 Riverside Drive, London
$599,900
PRICE
3 + 1
BEDROOMS
3
BATHROOMS
X13639732
MLSID

340 Riverside Drive, London

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.
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Summary

Address
340 Riverside Drive
City
Community
MLSID
X13639732
Property Type
Detached
Property Category
Bedrooms
3 + 1
Bathrooms
3
Kitchens
2 + 1
Taxes (Annual)
$6,186.00
Tax Year
2025
Published
August 5, 2026
Days on Market
3 Days
Possession Type
Immediate
Possession Details
Immediate
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Details

Bathroom 1
4-Piece Second Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Basement Level
Basement
Partially Finished
Interior Features
In-Law Suite, Water Heater Owned
Parking Spaces
5
Parking Total
5
Parking Features
Circular Drive, Private Double
Architectural Style
1 1/2 Storey
Roof
Shingles
Construction Materials
Brick
Lot Width
121 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with THE REALTY FIRM INC.
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