InvestmentActive

305 Central Avenue

305 Central Avenue, London East, ON N6B 2C9·MLS® X13211624

$1,299,999

Annual taxes: $11,232 (2025)

—

Bedrooms

—

Bathrooms

0.123

Sqft

—

Approx. Age

Property Overview

Property Overview

MLS®

X13211624

Status

Active

Property Type

Commercial

Property Sub-Type

Investment

List Price

$1,299,999

Taxes

$11,232 (2025)

Square Footage (Exact)

0.123 sqft

Cooling

No

City

London East

Postal Code

N6B 2C9

Property Description

Exceptional investment opportunity in the heart of downtown London! This well-maintained 5-plex offers a strong 4.6% cap rate with excellent income potential exceeding $86,000 annually. Pride of ownership is evident throughout, as the property has been meticulously cared for with numerous updates completed over the years, providing peace of mind for investors seeking a low-maintenance addition to their portfolio. The property features on-site tenant parking, a highly desirable amenity in the downtown core, and attracts quality long-term tenants with its unbeatable location. Situated within walking distance to Victoria Park, restaurants, shopping, entertainment, transit, and major downtown amenities. Conveniently close to St. Joseph's Health Care London, Western University, and nearby schools, making it an ideal property for consistent rental demand. A rare multi-family opportunity in one of London's most sought-after rental locations - perfect for both seasoned investors and those looking to expand their real estate portfolio.

Mortgage Calculator

Mortgage Calculator

Estimate your monthly payment

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.

Some images may be artist renderings, virtually staged, or digitally enhanced for illustrative purposes only.