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98 CENTRAL AVENUE London East

98 CENTRAL AVENUE, London East

$969,900

  • 6
  • 4
2,750 Square Feet
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:58875)
  • Listing ID: X12829198
  • Property Type: Single Family
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Rooms

LevelTypeDimensions
Second LevelLiving Room5.04 m x 6.6 m
Second LevelBedroom 33.57 m x 4.17 m
Second LevelBedroom 44.68 m x 4.35 m
Second LevelKitchen4.43 m x 2.97 m
Third LevelPrimary Bedroom6.66 m x 5.98 m
BasementBedroom4.58 m x 5.6 m
BasementKitchen3.12 m x 2.01 m
Main LevelLiving Room7.36 m x 4.33 m
Main LevelKitchen4.88 m x 4.22 m
Main LevelPrimary Bedroom5.24 m x 4.84 m
Main LevelBedroom 23.43 m x 3.14 m
Main LevelFoyer2.84 m x 4.11 m

Details

  • Amenities Nearby: Park, Place of Worship, Schools
  • Community Features: School Bus
  • Equipment: Furnace
  • Features: Cul-de-sac, Gazebo, In-Law Suite
  • Ownership: Freehold
  • Parking Spaces: 4
  • Rental Equipment: Furnace
  • Structure: Deck, Porch
  • Transaction: For sale
  • Zoning Description: R3-1 OC

Building

  • Amenities: Fireplace(s), Separate Heating Controls, Separate Electricity Meters
  • Appliances: Water Heater - Tankless, Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator
  • BasementType: N/A, N/A
  • Basement Features: Apartment in basement, Separate entrance
  • Bedrooms Main Level: 5
  • Bedrooms Lower Level: 1
  • Construction Style Attachment: Detached
  • Cooling: Wall unit
  • Exterior Finish: Brick, Stone
  • Fireplace Present: True
  • Fireplace Total: 2
  • Fireplace Type: Free Standing Metal
  • Foundation: Stone
  • Bathrooms (Total): 4
  • Heating: Heat Pump
  • Heating Fuel: Natural gas
  • Size Interior: 2500 - 3000 sqft
  • Stories Total: 2.5
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Park, Place of Worship, Schools
  • Fence: Fenced yard
  • Sewer: Sanitary sewer
  • Size Depth: 90 ft
  • Size Frontage: 50 ft
  • Size Irregular: 50 x 90 FT

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    This property for sale is located at 98 CENTRAL AVENUE in London. It was last modified on May 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other London homes for sale.

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