New this weekMultiplex

307 Central Avenue

London, N6B 2C9

$1,699,999
Bedrooms
8
Bathrooms
4
Interior
3,500-5,000 ft²
Lot
52 × 133.5 ft
Type
Multiplex
On the market
4 days

About this home

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK. SIX UNITS ALL TOGETHER BETWEEN TWO BUILDINGS AND MADE UP OF ONE BEDROOM AND TWO BEDROOM APARTMENTS. FEATURING NEWER WINDOWS AND HISTORIC CHARM WITH PRACTICAL UPDATES. THE MAIN BUILDING IS MADE UP OF FOUR UNITS WITH HUGE POTENTIAL TO EXPAND INTO AN OVERSIZED ATTIC. THE SECOND BUILDING AT THE BACK OF THE PROPERTY OFF OF A BACK LANE FEATURES TWO LARGE TWO-BEDROOM APARTMENTS. THE PROPERTY HAS TONS OF PARKING AVAILABLE. ALL UNITS ARE SEPARATELY METERED WITH GAS AND ELECTRIC HEATING. THE PROPERTY IS SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. POTENTIAL GROSS INCOME EXCEEDING $100,000 MAKE THIS A HIGH PERFORMING ASSET AND CAN BE PURCHASED WITH 305 CENTRAL AVE. WHICH IS RIGHT NEXT DOOR.

Features

  • Separate Hydro Meter

Property details

MLS® number
X14163164
Property type
Multiplex
Style
2-Storey
Bedrooms
8
Bathrooms
4
Kitchens
6
Interior size
3,500-5,000 ft²
Lot
52 × 133.5 ft
Basement
Unfinished
Heating
Baseboard, Electric
Sewer
Sewer
Parking
7 spaces
Exterior
Brick Veneer
Roof
Asphalt Shingle
Foundation
Concrete
Property taxes
$7,254 (2026)
Possession
60-90
Cross street
Wellington
Community
East F
Municipality
London

Location

London, near Wellington

307 Central Avenue, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$6,116a month

$595,000 down, 4.5%, 25 years

Down payment

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An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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