Multiplex

363 Ashland Avenue

London, N5W 4E9

$749,000
Bedrooms
7+2
Bathrooms
4
Interior
1,500-2,000 ft²
Lot
31.67 × 72.83 ft
Type
Multiplex
On the market
16 days

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!

Features

  • Carpet Free
  • Water Heater Owned
  • Deck

Property details

MLS® number
X14123912
Property type
Fourplex
Style
2-Storey
Bedrooms
7+2
Bathrooms
4
Kitchens
4
Interior size
1,500-2,000 ft²
Lot
31.67 × 72.83 ft
Basement
Finished, Full, Separate Entrance
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Sewer
Parking
2 spaces
Exterior
Stucco (Plaster)
Roof
Metal
Foundation
Poured Concrete
Property taxes
$3,554 (2026)
Possession
Flexible
Cross street
Ashland Ave & King St
Community
East M
Municipality
London

Location

London, near Ashland Ave & King St

363 Ashland Avenue, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$3,316a month

$149,800 down, 4.5%, 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

Similar homes around London

See more homes
  • $825,000Price changed

    12-14 Victor Street S

    LondonMultiplex

    4 beds4 baths3,000-3,500 ft²

    MLS® X13815674
  • $1,135,000

    230 Emery Street E

    LondonMultiplex

    8 beds4 baths3,500-5,000 ft²

    MLS® X14149384
  • $999,000

    330 BURWELL Street

    LondonMultiplex

    0 beds4 baths3,000-3,500 ft²

    MLS® X12278404

Want to see it in person?

We can usually show you a home within a day or two. We confirm the time with the listing brokerage and meet you at the door, with our honest read on the home and its price.