$1,249,000
1 / 30
New this weekMultiplex
305 Central Avenue
London, N6B 2C9
$1,299,999
- Bedrooms
- 7
- Bathrooms
- 5
- Interior
- 3,500-5,000 ft²
- Lot
- 40 × 134 ft
- Type
- Multiplex
- On the market
- 4 days
About this home
PRIME INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK.WELL MAINTAINED FIVE-UNIT BUILDING. STRONG INCOME POTENTIAL IN A HIGHLY DESIRABLE AREA. SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. THE PROPERTY HAS SEEN NUMEROUS UPDATES OVER TIME, WITH SOME UPDATES AVAILABLE TO INCREASE RENT. ALL UNITS ARE SEPARATELY METERED. PRESENTLY TWO UNITS RENTED AND THREE VACANT WITH YOU ABLE TO PICK YOUR OWN TENANTS AND SET YOUR RENT. PROPERTY COMES WITH A DOUBLE-CAR GARAGE AND LOTS OF PARKING. THIS PROPERTY WOULD MAKE A GREAT ADDITION TO YOUR PORTFOLIO. CAN BE PURCHASED WITH 307 CENTRAL AVE. WHICH IS A 6-UNIT PROPERTY AND IS RIGHT NEXT DOOR.
Features
- Separate Hydro Meter
Property details
- MLS® number
- X14162860
- Property type
- Multiplex
- Style
- 3-Storey
- Bedrooms
- 7
- Bathrooms
- 5
- Kitchens
- 5
- Interior size
- 3,500-5,000 ft²
- Lot
- 40 × 134 ft
- Basement
- Unfinished
- Heating
- Water, Gas
- Sewer
- Sewer
- Parking
- 7 spaces, garage: detached
- Fireplace
- Yes
- Exterior
- Brick, Brick Veneer
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Property taxes
- $11,571 (2026)
- Possession
- 69-90
- Cross street
- WELLINGTON
- Community
- East F
- Municipality
- London
Location
London, near WELLINGTON
305 Central Avenue, London
Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.
Mortgage estimate
$5,756a month
$260,000 down, 4.5%, 25 years
Down payment
%
Open the full calculatorAn estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.
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