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98 Central Avenue London East (East F), ON

$969,900
|
6 Beds
|
  4 Full
|

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X12829198
Address 98 CENTRAL AVENUE
City London East (East F), ON
Price $969,900
Bed / Bath 6 / 4 Full
Construction Brick, Stone
Land Size 50 x 90 FT
Type House
Status For sale

EXTENDED FEATURES

Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Two Washers, Water Heater - TanklessBasement N/ABasement Features Apartment in basement, Separate entranceParking 4Amenities Nearby Park, Place of Worship, SchoolsCommunity Features School BusEquipment FurnaceFeatures Cul-de-sac, Gazebo, In-Law SuiteOwnership FreeholdRental Equipment FurnaceStructure Deck, PorchBuilding Amenities Fireplace(s), Separate Electricity Meters, Separate Heating ControlsCooling Wall unitFoundation StoneHeating Heat Pump, Not knownHeating Fuel Electric, Natural gasUtility Water Municipal water Date Listed 2026-02-28 03:00:34Days on Market 10Parking 4
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Forest Hill Real Estate Inc., Denise Altan
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