340 RIVERSIDE DRIVE, London North (North N)
$599,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 4 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13639732
- Neighbourhood
- North N
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.
Sold data
Detached homes in London North (North N) — recent sold market
Detached homes in London North (North N) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $629,900
- Sale-to-list ratio
- 97.2%
- Sold above asking
- 14%
Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London North (North N)
London North (North N) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London North (North N)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 340 RIVERSIDE DRIVE
$599,900
Detached431,500–2,000 sqft698 CHIDDINGTON AVENUE, South R, London South
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Detached432,000–2,500 sqft603 COMMISSIONERS ROAD E, South P, London South
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Detached431,500–2,000 sqft130 BYERS STREET, South W, London South
$674,900
Detached4+13700–1,100 sqft126 MEADOWRIDGE ROAD, North M, London North
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Detached431,500–2,000 sqft212 BEXHILL CLOSE, South Y, London South
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Detached4+131,500–2,000 sqft1686 JUBILEE DRIVE, North E, London North
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Detached4+131,100–1,500 sqft74 KENNEDY PLACE, East I, London East
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Detached432,000–2,500 sqft15 - 400 SKYLINE AVENUE, North B, London North