363 ASHLAND AVENUE
London East (East M), Ontario N5W4E9
- 9 Beds
- 4 Baths
- Multi-family
Listed by CENTURY 21 FIRST CANADIAN CORP
50 photos
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! (id:37124)
Property details
| Price | $749,000 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Multi-family |
| Building type | Fourplex |
| Storeys | 2 |
| Bedrooms | 9 |
| Bathrooms | 4 |
| Lot size | 31.7 x 72.8 FT |
| Frontage | 31.8 |
| Zoning | R2-2 |
| Basement | Finished, Full, Separate entrance, N/A, N/A |
| Heating | Forced air, Natural gas |
| Cooling | Central air conditioning |
| Exterior | Stucco |
| Foundation | Poured Concrete |
| Parking | No Garage |
| Parking spaces | 2 |
| Water | Municipal water |
| Sewer | Sanitary sewer |
| Appliances | Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Water Heater |
| Annual taxes | $3,554 |
| Listed on | Oct 28, 2026 |
| MLS® number | X14123912 |
Location
All listing details (47)
| Appliances | Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Water Heater |
|---|---|
| Basement | Finished, Full, Separate entrance, N/A, N/A |
| Bathrooms Total Integer | 4 |
| Bedrooms Above Grade | 7 |
| Bedrooms Below Grade | 2 |
| Bedrooms Total | 9 |
| City | London East (East M) |
| City Region | East M |
| Cooling | Central air conditioning |
| Country | Canada |
| Directions | Cross Streets: Ashland Ave & King St. ** Directions: Corner of Ashland Ave & King St. |
| Exterior Features | Stucco |
| Fencing | Fully Fenced |
| Fireplace YN | No |
| Foundation Details | Poured Concrete |
| Frontage Length Numeric | 31.8 |
| Frontage Length Numeric Units | feet |
| Geocode Manual YN | No |
| Heating | Forced air, Natural gas |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | London and St. Thomas |
| List Price | 749000 |
| Living Area Maximum | 2000 |
| Living Area Minimum | 1500 |
| Living Area Units | square feet |
| Lot Features | Carpet Free |
| Lot Size Dimensions | 31.7 x 72.8 FT |
| Original Entry Timestamp | 2026-10-28T15:02:59.82Z |
| Parking Features | No Garage |
| Parking Total | 2 |
| Photos Count | 50 |
| Postal Code | N5W4E9 |
| Property Attached YN | Yes |
| Property Sub Type | Multi-family |
| Security Features | Smoke Detectors |
| Sewer | Sanitary sewer |
| Standard Status | Active |
| State Or Province | Ontario |
| Stories | 2 |
| Street Name | Ashland |
| Street Number | 363 |
| Street Suffix | Avenue |
| Structure Type | Fourplex |
| Tax Annual Amount | 3554 |
| Water Source | Municipal water |
| Zoning Description | R2-2 |
Listing courtesy of
Listing brokerage
CENTURY 21 FIRST CANADIAN CORP
420 YORK STREET, LONDON, Ontario
Listing agent
REBECCA SUN
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