For sale 50$1,299,999
305 Central Avenue
East F, London East, Ontario N6B2C9
For sale· Added
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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