305 Central Avenue London East, Ontario N6B 2C9
$1,299,999
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. (id:28006)
Property Details
| MLS® Number | X13211624 |
| Property Type | Multi-family |
| Community Name | East F |
Building
| Cooling Type | None |
| Heating Type | Radiator |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 133 Ft ,6 In |
| Size Frontage | 40 Ft |
| Size Irregular | 0.123 |
| Size Total | 0.123 Ac |
| Size Total Text | 0.123 Ac |
| Zoning Description | Oc2 R3- |
https://www.realtor.ca/real-estate/29821910/305-central-avenue-london-east-east-f-east-f
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May 29 2026 03:51:48
London and St. Thomas Association of REALTORS®
One Percent Realty Ltd.