- Bedrooms
- 7+2
- Bathrooms
- 4
- Size
- 1,500–2,000sq ft
- Per sq ft
- $428at the range’s middle
- Lot
- 31.67 x 72.83 ft
- Tax a year
- $3,5542026 tax year
- Parking
- 2none
- Days on market
- Members
The brief
About 363 Ashland Ave
363 Ashland Ave is a 7+2-bedroom, 4-bathroom fourplex in East M, London East, listed for sale at an asking price of $749,000 (MLS® X14123912).
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!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,554 / 2026
- MLS® number
- X14123912
- Board
- TRREB MLS®
- Property Type
- Fourplex
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 31.67 x 72.83 ft
- Listed on
- Parking
- None, 2 Parking
Property details
Property
- Property Type
- Fourplex
- Style
- 2-Storey
- Community
- East M
- Municipality
- London East
Building
- Size
- 1500-2000 sqft
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 7+2
- Bathrooms
- 4
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Main, 1 × 4pc Bsmt, 1 × 4pc 2nd
- Basement Type
- Finished
- Kitchens
- 3
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 31.67 ft
- Depth
- 72.83 ft
- Lot Size
- 31.67 x 72.83 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Metal
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- 4 Stove, Coin washer & dryer, microwaves, dishwashers, 4 fridges. Existing Curtains.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 363 Ashland Ave, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $749,000 | N/A | For Sale | X14123912 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $149,800
- Total mortgage amount
- $599,200
- Total interest payment
- $426,200
- Total purchase cost
- $1,175,200
- Mortgage payment
- $3,418/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$3,714- Rent $0
- Shortfall $3,714
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $11,455
- Total land transfer tax
- $11,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $7,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $749,000
- $6,980
- Ontario total
- $11,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,307 sq ft214 m²
- Street frontage
- 31.67 ft9.7 m
- Depth
- 72.83 ft22.2 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 m24 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 5 m.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (95 records). It changes with the season and from spot to spot.500 m
- Bedrock about 35.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.3 km5.3 km
Province of Ontario open data
Around the home2
- Nearest rail line: 320 m320 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Russel Metals Inc. — London, 900 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 550 m | 92%Grade 6 average |
| Blessed Sacrament Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 77%Grade 6 average |
| East Carling Public SchoolThames Valley DSB | Public · grades JK–8 | 1.6 km | 64%Grade 6 average |
| Prince Charles Public SchoolThames Valley DSB | Public · grades JK–8 | 1.6 km | 29%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.8 km | 44%Grade 9 math |
| B Davison Secondary School Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.1 km | — |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.3 km | 56%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 3.1 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in East M are shown to signed-in members.