For Sale: 307 Central Avenue, London, ON - REW
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$1,699,999
8 bd • 4 ba • 3500 - 4999 sf • Multifamily
307 Central Avenue
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$1,699,999
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307 Central AvenueLondon, ON, N6B 2C9

Central London
  • 8 Bed
  • 4 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK. SIX UNITS ALL TOGETHER BETWEEN TWO BUILDINGS AND MADE UP OF ONE BEDROOM AND TWO BEDROOM APARTMENTS. FEATURING NEWER WINDOWS AND HISTORIC CHARM WITH PRACTICAL UPDATES. THE MAIN BUILDING IS MADE UP OF FOUR UNITS WITH HUGE POTENTIAL TO EXPAND INTO AN OVERSIZED ATTIC. THE SECOND BUILDING AT THE BACK OF THE PROPERTY OFF OF A BACK LANE FEATURES TWO LARGE TWO-BEDROOM APARTMENTS. THE PROPERTY HAS TONS OF PARKING AVAILABLE. ALL UNITS ARE SEPARATELY METERED WITH GAS AND ELECTRIC HEATING. THE PROPERTY IS SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. POTENTIAL GROSS INCOME EXCEEDING $100,000 MAKE THIS A HIGH PERFORMING ASSET AND CAN BE PURCHASED WITH 305 CENTRAL AVE. WHICH 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
$1,699,999
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Gross Taxes for 2025
$7,254
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
7
Parking Details
No Garage
Property Type
Multifamily
Lot Size
52 ft x 133 ft (6942 ft²)
Depth
133.5 feet
Frontage
52.0 feet
Exterior Finish
Brick Veneer
Heating Type
Baseboard heaters, Forced air, Electric, 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
23
MLS® Number
X14163164
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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