305 Central Avenue
$1,299,999
Annual taxes: $11,232 (2025)
7
Bedrooms
5
Bathrooms
3500-5000
Sqft Range
—
Approx. Age
Property Overview
MLS®
X13075688
Status
Active
Property Type
Residential Freehold
Property Sub-Type
Multiplex
List Price
$1,299,999
Taxes
$11,232 (2025)
Square Footage (Range)
3500-5000
Bedrooms
7
Bathrooms
5
Garage
2 spaces
Parking
7 spaces
Basement
Unfinished
Cooling
None
Sewer
Sewer
Style
2-Storey
City
London East
Postal Code
N6B 2C9
Property Description
Prime investment opportunity in the heart of downtown London! This well-maintained fourplex offers strong income potential in a highly desirable, amenity-rich location. Situated just minutes from shopping, dining, transit, and everyday conveniences, the property is also ideally positioned near several schools, Western University, and St. Joseph's Health Care London-making it especially attractive to students and professionals alike. Each unit is carpet-free and thoughtfully maintained, providing clean, low-maintenance living spaces that appeal to quality tenants. The property has seen numerous updates over time, ensuring long-term durability and reduced upkeep for the next owner. All units are separately metered, with tenants responsible for their own utilities-helping to maximize net operating income and simplify management. Tenanted with reliable occupants, this turnkey investment delivers immediate cash flow with minimal hassle. Whether you're expanding your portfolio or entering the multi-residential market, this centrally located fourplex is a smart addition with lasting value.
Property Features
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Estimated Monthly
$6,380
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
ONE PERCENT REALTY LTD.
Data via TRREB / AMPRE IDX
The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.
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