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 PumpHeating Fuel ElectricUtility Water Municipal water Date Listed 2026-02-28 03:00:34Days on Market 21Parking 4

REQUEST MORE INFORMATION

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