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For Sale · London East

305 Central Avenue

London, ON · MLS® X13211624

Listing courtesy of ONE PERCENT REALTY LTD.

$1,299,999

305 Central Avenue — photo 1
Bedrooms
0
Bathrooms
0
Square Feet
Year Built
Lot Size
40 × 133.5 Feet
Property Type
Investment
Neighbourhood
London East
Status
For Sale

About this home

Exceptional investment opportunity in the heart of downtown London! This well-maintained 5-plex offers a strong 4.6% cap rate with excellent income potential exceeding $86,000 annually. Pride of ownership is evident throughout, as the property has been meticulously cared for with numerous updates completed over the years, providing peace of mind for investors seeking a low-maintenance addition to their portfolio. The property features on-site tenant parking, a highly desirable amenity in the downtown core, and attracts quality long-term tenants with its unbeatable location. Situated within walking distance to Victoria Park, restaurants, shopping, entertainment, transit, and major downtown amenities. Conveniently close to St. Joseph's Health Care London, Western University, and nearby schools, making it an ideal property for consistent rental demand. A rare multi-family opportunity in one of London's most sought-after rental locations - perfect for both seasoned investors and those looking to expand their real estate portfolio.

Features

  • Garage: Double Detached
  • Cooling: No
  • Heating: Water Radiators

Location

Approximate location, geocoded from the listing address.

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