98 CENTRAL AVENUE

$969,900

East F, London East, Ontario

  • 6 beds
  • 4 baths
Residential · Single FamilyType
4Parking
Heat Pump, Natural gasHeating
Wall unitCooling
187Days on market

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

RoomLevelDimensionsFeatures
Living roomMain level7.36 x 4.33 meters
KitchenMain level4.88 x 4.22 meters
BedroomBasement4.58 x 5.6 meters
KitchenBasement3.12 x 2.01 meters
Primary BedroomMain level5.24 x 4.84 meters
Bedroom 2Main level3.43 x 3.14 meters
FoyerMain level2.84 x 4.11 meters
Living roomSecond level5.04 x 6.6 meters
Bedroom 3Second level3.57 x 4.17 meters
Bedroom 4Second level4.68 x 4.35 meters
KitchenSecond level4.43 x 2.97 meters
Primary BedroomThird level6.66 x 5.98 meters

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

Explore what’s nearby:

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).