305 Central Avenue, London East, ON

$1,299,999

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About 305 Central Avenue

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 of 305 Central Avenue

MLS® # X13211624
Price $1,299,999
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 305 Central Avenue
Area Middlesex
Subdivision East F
City London East
Province ON
Postal Code N6B 2C9

Amenities

Garages Double Detached
Is Waterfront No

Interior

Heating Water Radiators
Cooling No
Fireplace No

Listing Details

OfficeONE PERCENT REALTY LTD.

Listing Map

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