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Renanza Realty
For sale

305 CENTRAL AVENUE

London East (East F), Ontario

MLS® X14162860

$1,299,999

Status
Active
Property type
Multi-family
MLS® number
X14162860
Bedrooms
7
Bathrooms
5
Year built
—

Listing description

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.

Property summary

MLS® number
X14162860
Property type
Multi-family
Building type
Other
Land size
40 x 134 FT
Annual property taxes
$11,571.00
Parking
7 spaces · Detached Garage, Garage
Days on market
0 days

Features & details

Heating
Natural gas
Cooling
None
Basement
Unfinished, N/A
Appliances
Refrigerator, Stove
Exterior features
Brick, Brick Veneer
Lot features
Flat site, Lane

What would this home cost you?

Based on the $1,299,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,049 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of SUTTON GROUP - SELECT REALTY INC., 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.