307 Central Avenue, London, ON N6B 2C9

$1,699,999
8
BD
6
BA
3,500
SqFt

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List Price
$1,699,999
MLS#
X13075680
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2 1/2 Storey
Bedrooms
8
Bathrooms
6
Living Area
3500-5000
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
East
Subdivision
Central And Waterloo

Property Description

Exceptional investment opportunity in the heart of London! This rare six-plex offering spans two separate buildings and is anchored by a charming century home full of character and timeless appeal. Meticulously maintained and featuring newer windows throughout, this property blends historic charm with practical updates-making it an attractive and durable addition to any portfolio. Comprised of a desirable mix of one- and two-bedroom units, each suite offers a comfortable and private living space suited for professionals, students, and young families alike. Despite its central location, every unit provides a sense of sanctuary for its occupants. The property is tenanted with long-term, reliable residents, ensuring stability and immediate income. Ideally located just steps from Victoria Park-home to the city's most popular festivals and events-and within walking distance to CF Masonville Place, the London Public Library Central Branch, major schools, hospitals, and Western University, this property offers unbeatable convenience and strong rental demand. With potential gross annual income exceeding $100,000, this is a turnkey, high-performing asset in one of the city's most sought-after locations. Whether you're expanding your portfolio or securing a stable, income-generating property, this six-plex delivers both immediate returns and long-term growth potential.

Additional Information

Taxes
$7,041
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Family Room
Yes
Kitchens
6
Exterior
Brick Veneer
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
7

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Listing courtesy of ONE PERCENT REALTY LTD..