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For saleMLS® X13691224

98 Central Avenue

London, N6A 1M4

$949,900

Bedrooms
5
Bathrooms
4
Interior
3,000-3,500 ft²
Lot
50 × 90 ft
Type
Detached

About this home

AN EXCEPTIONAL OPPORTUNITY TO OWN A BEAUTIFULLY RESTORED LUXURY VICTORIAN HOME IN THE HEART OF DOWNTOWN, WITHIN STEPS OF THE THAMES VALLEY PARKWAY, HARRIS PARK, THE THAMES RIVER AND VIBRANT RICHMOND ROW! WITH PROVEN INCOME OF 56,400 YEARLY AND POTENTIAL OF AN ADDITIONAL 11,000. FROM LOWER, THIS TURNKEY INVESTMENT INCLUDES TWO APARTMENTS, ONE TWO BDRM, AND ONE 3 BDRM, WITH A POTENTIAL BACHELOR IN THE LOWER LEVEL. A UNIQUE BLEND OF HISTORIC CHARM AND MODERN UPGRADES WHERE IT COUNTS MOST.

MAIN FLOOR 2 BDRM UNIT INCLUDES A GENEROUS FAMILY ROOM WITH TONS OF GLASS FOR NATURAL LIGHT AND ACCESS TO THE PRIVATE REAR YARD. AN UPDATED EAT IN KITCHEN WITH GRANITE COUNTERS, GENEROUS ISLAND, MODERN LIGHT WOOD CABINETRY. 3 BDRM UNIT (2ND AND 3RD FLOORS) INCLUDES A LARGE LIVING, DINING COMBINATION WITH 3 WALLS OF GLASS, WHITE GALLEY KITCHEN WITH WHITE CABINETRY AND STAINLESS APPLIANCES, ACCESS TO A PRIVATE 2ND FLOOR DECK, 2 BEDROOMS AND BATH. THIRD LEVEL OFFERS A MASTER RETREAT INCLUDING AN ENSUITE, WALKIN CLOSET AND LAUNDRY CLOSET.

THE LOWER LEVEL HAS EXTERIOR ACCESS TO AN OPEN CONCEPT BACHELOR AREA, KITCHEN AND BATH, AND LAUNDRY FACILITIES. WHETHER YOU ARE SEEKING A LUXURY LIVE IN SITUATION WHILE ENJOYING THE BENEFIT OF RENTAL INCOME, OR A FULLY TENANTED INVESTMENT OPPORTUNITY, THIS PROPERTY DELIVERS A PROVEN TRACK RECORD WITH CONSISTENT RETURNS. OPPORTUNITY KNOCKS ON THIS UNQUE INVESTMENT IN A TERRIFIC LOCATION!

Property details

Property type
Detached
Ownership
Freehold
Style
3-Storey
Age
100+ years
Property taxes
$11,115 (2025)
Heating
Heat Pump
Cooling
Wall Unit(s)
Basement
Finished, Separate Entrance
Parking
4 spaces
Sewer
Sewer
Lot
50 × 90 ft lot
Time on market
75 days on market

Features

Inside

  • Accessory Apartment
  • On Demand Water Heater
  • Primary Bedroom - Main Floor
  • Separate Heating Controls
  • Separate Hydro Meter
  • Storage Area Lockers

Outside

  • Privacy
  • Porch
  • Brick
  • Stone
  • Asphalt Shingle roof

Rooms

Measurements are deemed reliable but not guaranteed.

KitchenMain14' 4" × 14' 10"
Family RoomMain14' 2" × 24' 5"
Bedroom 2Main12' 10" × 10' 10"
Primary BedroomMain15' × 17' 3"
KitchenSecond14' 11" × 9' 11"
Dining RoomSecond11' 5" × 11' 5"
Living RoomSecond15' 4" × 9' 7"
Bedroom 2Second15' 2" × 13' 11"
Bedroom 3Second11' 8" × 13' 10"
Primary BedroomThird22' 10" × 18' 8"
OtherThird11' 3" × 13' 10"
Primary BedroomBasement18' 3" × 15' 1"
KitchenBasement6' 7" × 10' 7"
Utility RoomBasement15' × 26'

Location

Thinking about the area? Read my guide to Downtown.

Estimate your payment

20% down. The minimum on this price is $69,990.

Your monthly payment

$4,206

Mortgage amount
$759,920
Interest over the amortization
$501,866

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: ROYAL LEPAGE TRILAND REALTY. Co-listing brokerage: FOREST HILL REAL ESTATE INC..

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13691224.

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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