For Sale: 305 Central Avenue, London, ON - REW
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$1,299,999
7 bd • 5 ba • 3500 - 4999 sf • Multifamily
305 Central Avenue
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$1,299,999
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305 Central AvenueLondon, ON, N6B 2C9

Central London
  • 7 Bed
  • 5 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

PRIME INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK.WELL MAINTAINED FIVE-UNIT BUILDING. STRONG INCOME POTENTIAL IN A HIGHLY DESIRABLE AREA. SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. THE PROPERTY HAS SEEN NUMEROUS UPDATES OVER TIME, WITH SOME UPDATES AVAILABLE TO INCREASE RENT. ALL UNITS ARE SEPARATELY METERED. PRESENTLY TWO UNITS RENTED AND THREE VACANT WITH YOU ABLE TO PICK YOUR OWN TENANTS AND SET YOUR RENT. PROPERTY COMES WITH A DOUBLE-CAR GARAGE AND LOTS OF PARKING. THIS PROPERTY WOULD MAKE A GREAT ADDITION TO YOUR PORTFOLIO. CAN BE PURCHASED WITH 307 CENTRAL AVE. WHICH IS A 6-UNIT PROPERTY AND IS RIGHT NEXT DOOR. (id:63626)
Listed by: EDWARD MILANI, Sales Representative, SUTTON GROUP - SELECT REALTY INC.

Home facts and features

Price details
List Price
$1,299,999
Get Pre-Approved
Gross Taxes for 2025
$11,571
Home facts
Bedrooms
7
Full Bathrooms
5
Parking Spaces
7
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Lot Size
40 ft x 134 ft (5360 ft²)
Depth
134 feet
Frontage
40.0 feet
Exterior Finish
Brick, Brick Veneer
Heating Type
Natural gas
Basement Details
Unfinished,
Features
Flat site, Lane, Separate Electricity Meters, Smoke Detectors
Appliances
Refrigerator, Stove
Community
Agent details
Primary Agent
EDWARD MILANI
Primary Broker
SUTTON GROUP - SELECT REALTY INC.
Listing details
Days on REW
1 Day
Property Views
25
MLS® Number
X14162860
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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25 Years
Interest Rate
3.99%

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Property Insights

London Central Secondary School
  • Public
  • 9 - 12
St Georges Public School
  • Public
  • JK - 8
Catholic Central High School
  • Catholic
  • 9 - 12
H B Beal Secondary School
  • Public
  • 9 - 12
Jeanne-Sauvé Public School
  • Public
  • K - 8
St Michael School
  • Catholic
  • JK - 8
Ryerson Public School
  • Public
  • JK - 8
St Mary School
  • Catholic
  • 5 - 8
Aberdeen Public School
  • Public
  • JK - 8
St. John French Immersion School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Sales Representative
EDWARD MILANI
Phone:
(519) 433-4331
Cell:
519-495-8173
Office:
519-433-4331
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