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For saleMLS® X14123912

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
Multi-unit

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. Unit 2: 2-bedroom unit with living room, kitchen, and 4-piece bath. Unit 3: Fully renovated bachelor unit featuring modern finishes, laminate flooring, stainless steel refrigerator, gas stove, and 3-piece bath.

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!

Property details

Property type
Fourplex
Ownership
Freehold
Style
2-Storey
Property taxes
$3,554 (2026)
Heating
Forced Air, Gas
Cooling
Central Air
Basement
Finished, Full, Separate Entrance
Parking
2 spaces
Sewer
Sewer
Lot
31.67 × 72.83 ft lot
Time on market
5 days on market

Features

Inside

  • Carpet Free
  • Water Heater Owned

Outside

  • Deck
  • Stucco (Plaster)
  • Metal roof

Location

Thinking about the area? Read my guide to Old East Village.

Estimate your payment

20% down. The minimum on this price is $49,900.

Your monthly payment

$3,316

Mortgage amount
$599,200
Interest over the amortization
$395,723

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: CENTURY 21 FIRST CANADIAN CORP.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X14123912.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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