$1,299,999
Available - For Sale
Listing ID: X13211624
305 Central Avenue , London East, N6B 2C9, Middlesex
| 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. |
| Price | $1,299,999 |
| Taxes: | $11232.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 305 Central Avenue , London East, N6B 2C9, Middlesex |
| Postal Code: | N6B 2C9 |
| Province/State: | Middlesex |
| Directions/Cross Streets: | Central and Wellington |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 0.12 |
| Total Area Code: | Acres |
| Net Income Before Debt: | $60933 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ONE PERCENT REALTY LTD. |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East F |
| Tax: | $11,232 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples