For Sale
320 ASHLAND AVENUE
London East (East M), Ontario N5W4E6
$429,900
3 Beds · 2 Baths · 5 Parking · Multi-family
Updated 2026-09-09 15:22:30+00
Status
For Sale
Bedrooms
3
Bathrooms
2
Interior Size
1100 - 1500 sqft
Parking
5
MLS®
X13759540
Property Overview
This solid two-storey home offers an excellent opportunity for an owner-occupier or investor and is located on a quiet, tree-lined street. The property features two separate units, each with its own private entrance. The upper unit offers two bedrooms and one bathroom, while the main-floor unit is a spacious one-bedroom, one-bathroom suite. Unit 1 is currently tenant-occupied on a month-to-month lease and generates $1,600 per month in rent, inclusive of utilities, with a $100 cap for each utility. Unit 2 is currently vacant and provides an opportunity to be rented at market value. The property has separate hydro meters for each unit, as well as shared laundry facilities in the basement. The home has benefited from numerous important updates and improvements. In 2019, the basement was waterproofed and a sump pump was installed. The attic was also insulated, and the plumbing was upgraded, including both supply lines and drains. Most of the electrical system was upgraded in 2019 as well. The detached garage received a new electrical panel and electrical installation in 2021.The property has a roof dating to 2014, a furnace from 2013, and a hydro panel from 2011. In 2023, the property underwent a fire inspection, and the furnace was brought up to code for registration as a legal duplex. Outside, the property offers a nicely treed and fully fenced backyard, a detached garage, and a large front porch that adds to the home's curb appeal. With separate entrances, separate hydro meters, two self-contained living spaces, shared laundry, and numerous updates already completed, this property offers excellent flexibility for comfortable owner occupancy or long-term investment potential. (id:67197)
Key Facts
- Price
- $429,900
- Property Type
- Multi-family
- Transaction Type
- For sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 5
- MLS® Number
- X13759540
- Interior Size
- 1100 - 1500 sqft
Location
320 ASHLAND AVENUE, London East (East M), Ontario N5W4E6
Open MapRooms
| Room | Level | Dimensions |
|---|---|---|
| Living room | Second level | 3.91 m x 2.56 m |
| Kitchen | Second level | 3.4 m x 2.74 m |
| Bedroom | Second level | 3.5 m x 3.25 m |
| Bedroom | Second level | 3.5 m x 3.25 m |
| Bathroom | Second level | Measurements not available |
| Living room | Main level | 4.41 m x 3.5 m |
| Kitchen | Main level | 3.88 m x 3.14 m |
| Primary Bedroom | Main level | 4.21 m x 3.04 m |
| Bathroom | Main level | Measurements not available |
Building Details
- Building Type
- Duplex
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 0
- Bathrooms
- 2
- Basement
- N/A, N/A (Unfinished)
- Basement Development
- Unfinished
- Cooling
- None
- Exterior Finish
- Aluminum siding, Brick
- Fireplace
- No
- Foundation
- Block
- Heating Fuel
- Natural gas
- Heating
- Forced air
- Interior Size
- 1100 - 1500 sqft
- Stories
- 2
- Water
- Municipal water
Land Details
- Size Frontage
- 32 ft
- Size Depth
- 122 ft ,9 in
- Acreage
- No
- Sewer
- Sanitary sewer
Property Features
- Flat site
- Deck
- Porch
Parking & Utilities
Utilities
- Cable - Installed
- Electricity - Installed
Agent / Brokerage Contact
Listing Representation
MAVERICK REAL ESTATE INC.
View REALTOR.ca sourceListing Agent
DAVE PYE
Salesperson
Listing Office
MAVERICK REAL ESTATE INC.
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