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Home ON Greater London Middlesex County London Central London
98 CENTRAL AVENUE
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98 CENTRAL AVENUE $969,900
9 hours ago
$969,900
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98 CENTRAL AVENUE
London East (East F), Ontario N6A1M4

MLS® Number: X12829198
5 + 1
Bedrooms
4
Bathrooms
2500 - 3000
Square Feet

Listing Description

Luxury Victorian Home with Proven Income - Live in Style & Earn with Confidence! An exceptional opportunity to own a beautifully restored century home in one of London's most desirable neighbourhoods just northwest of Downtown. This is fully set up as three self-contained units with separate entrances, meters, and wiring. A rare blend of historic charm, modern upgrades, and strong, established income. All three units are currently rented and generating $5,700 per month ($68,400 annually): Upper Unit: $2,700/mo + Main Floor: $2,000/mo + Lower Level: $1,000/mo.. This solid revenue stream provides an excellent market cap rate and immediate cash flow from day one. Main Floor Unit: Two generous bedrooms, sun-filled living room and a spacious, updated kitchen with centre island. Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck. Lower Level Suite: A charming bachelor unit with separate entrance, ideal for continued rental income. Live in one unit and rent the others, continue operating as a high-performing multi-unit investment, or explore conversion to a legal triplex (minor variance may be required). The property has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Set in a vibrant neighbourhood known for boutique shops, cafes, and restaurants along Richmond Row and within walking distance to Harris Park, the Thames River, Central Secondary School & Catholic Central High with Western University a short bus ride away. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you're seeking a luxury live-in investment or a fully tenanted income property in a high-demand area, this property delivers both character and consistent returns. Book your private tour today - opportunities with this level of income and location are rare. (42239111)

Location Description

Cross Streets: Talbot & Central Ave. ** Directions: West of Talbot. 2nd last house before the end of the Central Ave.

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2.5
Square Footage
2500 - 3000 sqft
Community Name
East F
Title
Freehold
Land Size
50 x 90 FT
Age Of Building
100+ years
Annual Property Taxes
$11,115
Parking Type
No Garage
Time on REALTOR.ca
9 hours

Building

Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater - Tankless, Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator
Basement Features
Apartment in basement, Separate entrance
Building Features
Features
Cul-de-sac, Gazebo, In-Law Suite
Foundation Type
Stone
Style
Detached
Building Amenities
Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Rental Equipment
Furnace
Structures
Deck, Porch
Heating & Cooling
Cooling
Wall unit
Fireplace
2
Fireplace Type
Free Standing Metal
Heating Type
Heat Pump (Electric), Not known (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stone
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Place of Worship, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
2500 - 3000 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
Primary Bedroom
Bedroom 2
Foyer
Second level
Living room
Bedroom 3
Bedroom 4
Kitchen
Third level
Primary Bedroom
Basement
Bedroom
Kitchen

Land

Lot Features
Fencing
Fenced yard
Frontage
50 ft
Land Depth
90 ft
Other Property Information
Zoning Description
R3-1 OC
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