305 Central Avenue London East, Ontario N6B 2C9
$1,299,999
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. (id:61499)
Property Details
| MLS® Number | X13211624 |
| Property Type | Multi-family |
| Community Name | East F |
Building
| CoolingType | None |
| HeatingType | Radiator |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 133 Ft ,6 In |
| SizeFrontage | 40 Ft |
| SizeIrregular | 0.123 |
| SizeTotal | 0.123 Ac |
| SizeTotalText | 0.123 Ac |
| ZoningDescription | Oc2 R3- |
https://www.realtor.ca/real-estate/29821910/305-central-avenue-london-east-east-f-east-f
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Hanan Soliman
Salesperson
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May 29 2026 03:51:48
One Percent Realty Ltd.