305 Central Avenue, London, ON N6B 2C9

$1,299,999
7
BD
5
BA
3,500
SqFt

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List Price
$1,299,999
MLS#
X13075688
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
7
Bathrooms
5
Living Area
3500-5000
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
East
Subdivision
Central And Waterloo

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.

Additional Information

Taxes
$11,232
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Family Room
Yes
Kitchens
5
Exterior
Brick Veneer
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
7
Parking Type
Available

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Calculator source: Real Geeks

Listing courtesy of ONE PERCENT REALTY LTD..