Contact Us

Edit Template

98 Central Avenue, London East, ON N6A 1M4

London East, ON, N6A 1M4 · East F

6 Beds
4 Baths
Sq Ft
4 Parking
Detached Type
X12829198 MLS#

About this property

Luxury Victorian Home with Proven Income - Live in Style & Earn with Confidence! An exceptional opportunity to own a beautifully restored century home in one of London's most desirable neighbourhoods just northwest of Downtown. This is fully set up as three self-contained units with separate entrances, meters, and wiring. A rare blend of historic charm, modern upgrades, and strong, established income. All three units are currently rented and generating $5,700 per month ($68,400 annually): Upper Unit: $2,700/mo + Main Floor: $2,000/mo + Lower Level: $1,000/mo.. This solid revenue stream provides an excellent market cap rate and immediate cash flow from day one. Main Floor Unit: Two generous bedrooms, sun-filled living room and a spacious, updated kitchen with centre island. Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck. Lower Level Suite: A charming bachelor unit with separate entrance, ideal for continued rental income. Live in one unit and rent the others, continue operating as a high-performing multi-unit investment, or explore conversion to a legal triplex (minor variance may be required). The property has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Set in a vibrant neighbourhood known for boutique shops, cafes, and restaurants along Richmond Row and within walking distance to Harris Park, the Thames River, Central Secondary School & Catholic Central High with Western University a short bus ride away. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you're seeking a luxury live-in investment or a fully tenanted income property in a high-demand area, this property delivers both character and consistent returns. Book your private tour today - opportunities with this level of income and location are rare.

Features & Amenities

  • Basement: Apartment, Separate Entrance
  • Garage: None
  • Cooling: Wall Unit(s)
  • Heat Type: Heat Pump
  • Heat Source: Gas
  • Style: 2 1/2 Storey
  • Construction: Brick, Stone
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style 2 1/2 Storey
Bedrooms 6
Bathrooms 4
Lot Size 4,500 Feet
Basement Apartment, Separate Entrance
Garage None
Parking Spaces 4
Heat Type Heat Pump
Heat Source Gas
Cooling Wall Unit(s)
Sewer Sewer
Annual Tax $11,115
Tax Year 2025

Interior Features

Interior Features
Accessory Apartment, In-Law Suite, Separate Heating Controls, Primary Bedroom - Main Floor, Separate Hydro Meter, On Demand Water Heater
Fireplace
Yes
Fireplace Features
Family Room, Freestanding

Exterior Features

Exterior Features
Deck, Porch
Other Structures
Gazebo
Pool Features
None

Building & Construction

Architectural Style
2 1/2 Storey
Construction Materials
Brick, Stone
Foundation Details
Stone
Roof
Asphalt Shingle
Basement
Apartment, Separate Entrance
Approximate Age
100+

Heating & Cooling

Heat Type
Heat Pump
Heat Source
Gas
Cooling
Wall Unit(s)

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Parking Features
Private, Front Yard Parking, Private Double
Covered Spaces
0

Lot & Land

Lot Size Area
4500.00
Lot Size Units
Feet
Lot Depth
90.00
Lot Width
50.00

Community & Neighborhood

Property Features
Cul de Sac/Dead End, Fenced Yard, Park, Place Of Worship, School Bus Route, School

Financial & Tax

Tax Annual Amount
$11,115
Tax Year
2025
Possession Type
30-59 days

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
10
Rooms Below Grade
2
Kitchens Above Grade
2
Kitchens Total
3
Bedrooms Above Grade
5
Bedrooms Below Grade
1

Additional Details

Occupant Type
Tenant
Direction Faces
North
County Or Parish
Middlesex
Cross Street
Talbot & Central Ave
Directions
West of Talbot. 2nd last house before the end of the Central Ave.
Special Designation
Unknown
Showing Requirements
Showing System

Location

98 Central Avenue, London East, ON N6A 1M4, London East, ON, N6A 1M4

Listing courtesy of FOREST HILL REAL ESTATE INC.
Out believe has request not how comfort evident. Up delight cousins we feeling minutes genius.

Company

Business Hours

Return Policy

Terms and Conditions

Privacy Policy

About Us

About Us

Copyright Notice

Payment Methods

Information

Work Hours

Terms and Conditions

Business Hours

Copyright Notice

About Us

Contact Info

© 2026 Created with VOVO Agents