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$1,299,999

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305 Central Avenue

East F, London East, Ontario N6B2C9

For sale· Added

0 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13211624
Added
May 28, 2026 ()
Updated
May 29, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Multi-Family

Inside

Heating
Radiator
Cooling
None
Fireplace
No

Land

Frontage
40 ft
Lot area
0.123 acres
Zoning
OC2 R3-

Services

Water
Municipal water

Location

Cross streets
Central and Wellington
Directions
Use GPS for directiosn.

Running costs

Annual property tax (2025)
$11,232

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$1,299,999
305 Central Avenue
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