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363 Ashland Avenue, London East, ON N5W 4E9

London East, N5W 4E9

$749,000
9
Bedrooms
4
Bathrooms

About This Home

Excellent Opportunity for Investors & Owner-Occupants! Prime Corner-Lot Fourplex Near London's Vibrant Old East Village! Live in one unit while generating rental income from the others, or add this versatile property to your investment portfolio! Situated on a desirable corner lot with 2 driveways, surrounded by charming Victorian-era homes and just blocks from Powerhouse Brewing Company and Old East Village. Convenient access to restaurants, cafés, shops, public transit, and downtown London.Numerous updates include a metal roof (2020), furnace (2021), A/C (2025), owned water heater (2021), plus newer flooring, kitchens, bathrooms, lighting, electrical, and plumbing throughout.Unit 1: Spacious 2-bedroom unit featuring hardwood flooring, a large kitchen with stainless steel refrigerator and gas stove, bright living room with access to an elevated wooden deck, and 4-piece bath.Unit 2: 2-bedroom unit with living room, kitchen, and 4-piece bath. Currently rented for $1,500/month all-inclusive.Unit 3: Fully renovated bachelor unit featuring modern finishes, laminate flooring, stainless steel refrigerator, gas stove, and 3-piece bath. Currently rented for $1,000/month all-inclusive.Unit 4: Fully renovated 1-bedroom unit with updated kitchen, stainless steel appliances, and living room. Currently vacant, ideal for owner-occupancy or rental potential of approximately $1,000/month all-inclusive. Common laundry area features an owned coin-operated washer (2025) and coin-operated dryer, offering additional income potential. Comes with a Legal Rental License! An excellent opportunity to enjoy homeownership while earning rental income, or maximize returns as a four-unit investment property in a convenient London location!

Facts & Features

MLS® Number X14123912
Price $749,000
Property Type Fourplex
Style 2-Storey
Bedrooms 7 above grade, 2 below grade
Bathrooms 4
Lot Size 31.67 ft × 72.83 ft
Parking Total 2
Garage / Covered Spaces 0
Annual Property Taxes $3,554
City London East
Listing Brokerage CENTURY 21 FIRST CANADIAN CORP

Listing History

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Based on this home's list price of $749,000.

20.0% down payment

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Justin Skrypnyk
Justin Skrypnyk
Real Estate Broker
Sutton Group Chapman Realty Inc., Brokerage

This listing is courtesy of CENTURY 21 FIRST CANADIAN CORP. Justin Skrypnyk can arrange a private showing or answer questions as your buyer's representative.

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363 Ashland Avenue, London East, ON N5W 4E9

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