98 CENTRAL AVENUE
East F, London East, Ontario
- 6 beds
- 4 baths
About this property
Luxury Victorian Home with Proven Income – Live in Style & Earn with Confidence! An exceptional opportunity to own a beautifully restored century home in one of London’s most desirable neighbourhoods just northwest of Downtown. This is fully set up as three self-contained units with separate entrances, meters, and wiring. A rare blend of historic charm, modern upgrades, and strong, established income. All three units are currently rented and generating $5,700 per month ($68,400 annually): Upper Unit: $2,700/mo + Main Floor: $2,000/mo + Lower Level: $1,000/mo.. This solid revenue stream provides an excellent market cap rate and immediate cash flow from day one. Main Floor Unit: Two generous bedrooms, sun-filled living room and a spacious, updated kitchen with centre island. Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck. Lower Level Suite: A charming bachelor unit with separate entrance, ideal for continued rental income. Live in one unit and rent the others, continue operating as a high-performing multi-unit investment, or explore conversion to a legal triplex (minor variance may be required). The property has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Set in a vibrant neighbourhood known for boutique shops, cafes, and restaurants along Richmond Row and within walking distance to Harris Park, the Thames River, Central Secondary School & Catholic Central High with Western University a short bus ride away. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you’re seeking a luxury live-in investment or a fully tenanted income property in a high-demand area, this property delivers both character and consistent returns. Book your private tour today – opportunities with this level of income and location are rare. (id:45603)
Property details
Interior
- Bedrooms
- 6
- Bedrooms above grade
- 5
- Bedrooms below grade
- 1
- Bathrooms
- 4
- Storeys
- 2.5
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Appliances
- Refrigerator, Dishwasher, Stove, Dryer, Microwave, Two Washers, Water Heater - Tankless
Exterior & parking
- Structure type
- House
- Architectural style
- []
- Lot size
- 50 x 90 FT
- Parking spaces
- 4
- Parking features
- No Garage
- Exterior features
- Brick, Stone
Building & HOA
- Heating
- Heat Pump, Natural gas
- Cooling
- Wall unit
Financial & legal
- List price
- $969,900
- Annual taxes
- $11,115
- Tenure
- Freehold
- Status
- Active
- MLS® number
- X12829198
Location
- City
- London East
- Neighbourhood
- East F
- Province
- Ontario
- Postal code
- N6A1M4
- Directions
- Cross Streets: Talbot & Central Ave. ** Directions: West of Talbot. 2nd last house before the end of the Central Ave.
Room details
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living room | Main level | 7.36 x 4.33 meters | |
| Kitchen | Main level | 4.88 x 4.22 meters | |
| Bedroom | Basement | 4.58 x 5.6 meters | |
| Kitchen | Basement | 3.12 x 2.01 meters | |
| Primary Bedroom | Main level | 5.24 x 4.84 meters | |
| Bedroom 2 | Main level | 3.43 x 3.14 meters | |
| Foyer | Main level | 2.84 x 4.11 meters | |
| Living room | Second level | 5.04 x 6.6 meters | |
| Bedroom 3 | Second level | 3.57 x 4.17 meters | |
| Bedroom 4 | Second level | 4.68 x 4.35 meters | |
| Kitchen | Second level | 4.43 x 2.97 meters | |
| Primary Bedroom | Third level | 6.66 x 5.98 meters |
Mortgage calculator
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Location & neighbourhood
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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).
