305 Central Avenue, London East, ON N6B 2C9
London East, ON, N6B 2C9 · East F
About this property
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.
Features & Amenities
- Garage: Double Detached
- Cooling: No
- Heat Type: Water Radiators
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Garage | Double Detached |
| Heat Type | Water Radiators |
| Cooling | No |
| Annual Tax | $11,232 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 0.123
Heating & Cooling
- Heat Type
- Water Radiators
- Cooling
- No
Parking & Garage
- Garage Type
- Double Detached
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 133.50
- Lot Width
- 40.00
Financial & Tax
- Tax Annual Amount
- $11,232
- Tax Year
- 2025
- Possession Type
- 60-89 days
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Middlesex
- Cross Street
- Central and Wellington
- Directions
- Use GPS for directiosn
- Showing Requirements
- See Brokerage Remarks
Location
305 Central Avenue, London East, ON N6B 2C9, London East, ON, N6B 2C9