305 CENTRAL AVENUE
London East (East F), Ontario
MLS® X13211624
$1,299,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13211624
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 39Listing 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 summary
- MLS® number
- X13211624
- Property type
- Multi-family
- Building type
- Multi-Family
- Land size
- 0.123 acres
- Annual property taxes
- $11,232.00
- Days on market
- 90 days
Features & details
- Heating
- Radiator
- Cooling
- None
What would this home cost you?
Based on the $1,299,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ONE PERCENT REALTY LTD., LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.