For Sale: 340 Riverside Drive, London, ON - REW
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$649,900
4 bd • 3 ba • 1500 - 1999 sf • House
340 Riverside Drive
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$649,900
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340 Riverside DriveLondon, ON, N6H 1E9

West London
  • 4 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • House

About this home

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:63626)
Listed by: JACK NAKHLE, Sales Representative, THE REALTY FIRM INC.

Home facts and features

Price details
List Price
$649,900
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Gross Taxes for 2025
$6,186
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
5
Parking Details
No Garage
Property Type
House
Depth
99.9 feet
Frontage
121.4 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Partially finished,
Features
In-Law Suite
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
JACK NAKHLE
Primary Broker
THE REALTY FIRM INC.
Secondary Agent
MARK MAYNES
Secondary Broker
THE REALTY FIRM INC.
Listing details
Days on REW
1 Day
MLS® Number
X13532642
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Property Insights

Eagle Heights Public School
  • Public
  • JK - 8
Kensal Park Public School
  • Public
  • K - 8
Victoria Public School
  • Public
  • JK - 8
Jeanne-Sauvé Public School
  • Public
  • K - 8
Woodland Heights Public School
  • Public
  • JK - 8
É Élém C Frère André
  • Catholic
  • JK - 6
University Heights Public School
  • Public
  • JK - 8
Notre Dame School
  • Catholic
  • JK - 8
St Thomas More School
  • Catholic
  • JK - 8
St Martin School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Sales Representative
JACK NAKHLE
Phone:
(519) 601-1160
Cell:
226-348-9017
Office:
519-601-1160
Sales Representative
MARK MAYNES
Phone:
(226) 700-5190
Office:
519-601-1160
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.