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Renanza Realty
For sale

307 CENTRAL AVENUE

London East (East F), Ontario

MLS® X14163164

$1,699,999

Status
Active
Property type
Multi-family
MLS® number
X14163164
Bedrooms
8
Bathrooms
4
Year built
—

Listing description

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.

Property summary

MLS® number
X14163164
Property type
Multi-family
Building type
Other
Land size
52 x 133.5 FT
Annual property taxes
$7,253.87
Parking
7 spaces · No Garage
Days on market
0 days

Features & details

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

What would this home cost you?

Based on the $1,699,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,910 /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.