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$749,000
Est. payment /mo
7 Beds
4 Baths
New
363 Ashland AVE London East, ON N5W 4E9
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East M
MLS Listing ID X14123912
Style 2-Storey
Bedrooms 7
Annual Tax Amount $3,554
Tax Year 2026
Property Sub-Type Fourplex
Property Description
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!
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room No
Basement Finished, Full, Separate Entrance
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Carpet Free, Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck
Parking Features Private
Pool None
Roof Type Metal
Lot Frontage 31.67
Lot Depth 72.83
Total Parking Spaces 2
Building
Foundation Poured Concrete
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
ParcelsYN No
Listed by CENTURY 21 FIRST CANADIAN CORP
NEARBY SCHOOL & BUSINESS
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