For Sale: 98 Central Avenue, London East, ON N6A 1M4, London East, ON

FOR SALE

98 Central Avenue

6 Bedrooms4 Bathrooms2500-3000 Sq. Ft.Residential Freehold Property Type
$969,900Request a ShowingView Saved Homes
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For Sale: 98 Central Avenue, London East, ON N6A 1M4, London East, ON - Property Photo

MLS® X12829198

98 Central Avenue, London East, ON N6A 1M4

London East   N6A 1M4

$969,900

5+1
Beds
4
Baths
2500-3000 sq ft
Sq Ft
Residential Freehold
Property Type

About This Home

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.

Property Details

MLS® Number
X12829198
Property Type
Residential Freehold
Bedrooms
5+1
Bathrooms
4
Living Area
2500-3000 sq ft
List Price
$969,900

LISTING BROKERAGEFOREST HILL REAL ESTATE INC.
MLS®X12829198

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