305 Central Avenue, London East (East F), ON N6B2C9
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Listing Type
Multi Family
Listing Status
Active
39
$1,299,999
Home Details for 305 Central Avenue
Price
$1,299,999
Type
Residential Income
Lot size acres
0.123
Days on site
82
Listing #
X13211624
Property Description
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:31684)
Property Features
Heating Information
Hot Water
Radiant
Cooling Information
None
Listing Courtesy: ONE PERCENT REALTY LTD.
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Market statistics compiled from data from Canadian Real Estate Association.