98 Central Avenue

- $969,900

East F, London, N6A1M4
MLS ® X12829198

Luxury Victorian Home with Proven Income - Live in Style & Earn with Confidence! An exceptional opportunity to own a beautifully restored century home in one of London's most desirable neighbourhoods just northwest of Downtown. This is fully set up as three self-contained units with separate entrances, meters, and wiring. A rare blend of historic charm, modern upgrades, and strong, established income. All three units are currently rented and generating $5,700 per month ($68,400 annually): Upper Unit: $2,700/mo + Main Floor: $2,000/mo + Lower Level: $1,000/mo.. This solid revenue stream provides an excellent market cap rate and immediate cash flow from day one. Main Floor Unit: Two generous bedrooms, sun-filled living room and a spacious, updated kitchen with centre island. Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck. Lower Level Suite: A charming bachelor unit with separate entrance, ideal for continued rental income. Live in one unit and rent the others, continue operating as a high-performing multi-unit investment, or explore conversion to a legal triplex (minor variance may be required). The property has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Set in a vibrant neighbourhood known for boutique shops, cafes, and restaurants along Richmond Row and within walking distance to Harris Park, the Thames River, Central Secondary School & Catholic Central High with Western University a short bus ride away. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you're seeking a luxury live-in investment or a fully tenanted income property in a high-demand area, this property delivers both character and consistent returns. Book your private tour today - opportunities with this level of income and location are rare. (id:38551)

Features

  • Cul-de-sac
  • Gazebo
  • In-law Suite

Location

Details

98 Central Avenue, East F, , London

  • Land
    50 x 90 FT
  • Bedrooms

    Above Grade: 5 Below Grade: 1

    6
  • Bathrooms
    4
  • Parking

    No Garage

    4

Rooms

98 Central Avenue, East F, , London

  • Living Room

    second level

    5.04 m x 6.6 m
  • Bedroom 3

    second level

    3.57 m x 4.17 m
  • Bedroom 4

    second level

    4.68 m x 4.35 m
  • Kitchen

    second level

    4.43 m x 2.97 m
  • Primary Bedroom

    third level

    6.66 m x 5.98 m
  • Bedroom

    basement

    4.58 m x 5.6 m
  • Kitchen

    basement

    3.12 m x 2.01 m
  • Living Room

    main level

    7.36 m x 4.33 m
  • Kitchen

    main level

    4.88 m x 4.22 m
  • Primary Bedroom

    main level

    5.24 m x 4.84 m
  • Bedroom 2

    main level

    3.43 m x 3.14 m
  • Foyer

    main level

    2.84 m x 4.11 m