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$1,299,999

305 Central Ave

London East, ON N6B 2C9

305 Central Ave, London EastListed at $1,299,999 Investment. MLS® X13211624.

Possession · seller's timeline

60-89 days

Investment
$11,232Taxes/yr · 2025

Description

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.

Property Details

Property TypeInvestment
CommunityEast F
Lot Dimensions40 × 133.5 ft
Dir/Cross StCentral and Wellington
Garage TypeDouble Detached
Heating TypeWater Radiators
A/CNo
Taxes (2025)$11,232
HSTIn Addition To
Listed Date5/28/2026
Days on Market116 days

Business Details

Property Sub-TypeInvestment
Property UseApartment
Occupant TypeTenant
Showing RequirementsSee Brokerage Remarks
Possession Type60-89 days
Listing Expires10/20/2026

Commercial Space & Financials

Net Operating Income$60,933.32
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ONE PERCENT REALTY LTD.

MLS® #X13211624

TRREBMLS®

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