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For Sale

305 Central Avenue, London East, ON N6B 2C9

$1,299,999

  • Investment
  • MLS® X13211624

Listing Brokerage: ONE PERCENT REALTY LTD.

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

MLS® number
X13211624
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
East F
City
London East
Building area
0.123 Acres
Lot width
40 Feet
Lot depth
133.5 Feet
Heating
Water Radiators
Cooling
No
Garage
Double Detached
Taxes
$11,232.00
Tax year
2025
Listing brokerage
ONE PERCENT REALTY LTD.

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