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Century 21 First CanadianCorp., Brokerage

For saleMLS® X14163164

307 Central Avenue

London, N6B 2C9

$1,699,999

Bedrooms
8
Bathrooms
4
Interior
3,500-5,000 ft²
Lot
52 × 133.5 ft
Type
Multi-unit

About this home

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK. SIX UNITS ALL TOGETHER BETWEEN TWO BUILDINGS AND MADE UP OF ONE BEDROOM AND TWO BEDROOM APARTMENTS. FEATURING NEWER WINDOWS AND HISTORIC CHARM WITH PRACTICAL UPDATES. THE MAIN BUILDING IS MADE UP OF FOUR UNITS WITH HUGE POTENTIAL TO EXPAND INTO AN OVERSIZED ATTIC. THE SECOND BUILDING AT THE BACK OF THE PROPERTY OFF OF A BACK LANE FEATURES TWO LARGE TWO-BEDROOM APARTMENTS.

THE PROPERTY HAS TONS OF PARKING AVAILABLE. ALL UNITS ARE SEPARATELY METERED WITH GAS AND ELECTRIC HEATING. THE PROPERTY IS SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. POTENTIAL GROSS INCOME EXCEEDING $100,000 MAKE THIS A HIGH PERFORMING ASSET AND CAN BE PURCHASED WITH 305 CENTRAL AVE. WHICH IS RIGHT NEXT DOOR.

Property details

Property type
Multiplex
Ownership
Freehold
Style
2-Storey
Property taxes
$7,254 (2026)
Heating
Baseboard, Electric
Basement
Unfinished
Parking
7 spaces
Sewer
Sewer
Lot
52 × 133.5 ft lot
Time on market
Listed today

Features

Inside

  • Separate Hydro Meter

Outside

  • Brick Veneer
  • Asphalt Shingle roof

Location

Thinking about the area? Read my guide to London.

Estimate your payment

20% down. The minimum on this price is $340,000.

Your monthly payment

$7,527

Mortgage amount
$1,359,999
Interest over the amortization
$898,169

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers. I am also a licensed mortgage agent, so I can help with the mortgage too.

Listing brokerage: SUTTON GROUP - SELECT REALTY INC..

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X14163164.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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