340 Riverside Drive

About This Property

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.