$969,900
Available - For Sale
Listing ID: X12829198
98 Central Avenue , London East, N6A 1M4, Middlesex
| 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. |
| Price | $969,900 |
| Taxes: | $11115.00 |
| Occupancy: | Tenant |
| Address: | 98 Central Avenue , London East, N6A 1M4, Middlesex |
| Directions/Cross Streets: | Talbot & Central Ave |
| Rooms: | 10 |
| Rooms +: | 2 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Apartment, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 24.14 | 14.2 | B/I Bookcase, Window Floor to Ceil |
| Room 2 | Main | Kitchen | 16.01 | 13.84 | Centre Island |
| Room 3 | Main | Primary B | 17.19 | 15.88 | Fireplace |
| Room 4 | Main | Bedroom 2 | 11.25 | 10.3 | |
| Room 5 | Main | Foyer | 9.32 | 13.48 | |
| Room 6 | Second | Living Ro | 16.53 | 21.65 | Combined w/Dining |
| Room 7 | Second | Bedroom 3 | 11.71 | 13.68 | W/O To Deck |
| Room 8 | Second | Bedroom 4 | 15.35 | 14.27 | |
| Room 9 | Second | Kitchen | 14.53 | 9.74 | |
| Room 10 | Third | Primary B | 21.84 | 19.61 | 4 Pc Ensuite, Walk-In Closet(s), Combined w/Laundry |
| Room 11 | Basement | Bedroom | 15.02 | 18.37 | Combined w/Living |
| Room 12 | Basement | Kitchen | 10.23 | 6.59 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Third |
| Washroom Type 4 | 3 | Basement |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Third |
| Washroom Type 9 | 3 | Basement |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Stone |
| Garage Type: | None |
| (Parking/)Drive: | Private, F |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private, F |
| Park #2 | |
| Parking Type: | Private |
| Park #3 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Other Structures: | Gazebo |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2500-3000 |
| Property Features: | Cul de Sac/D, Fenced Yard |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Heat Pump |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| FOREST HILL REAL ESTATE INC. |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East F |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $11,115 |
| Beds: | 5+1 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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