For Sale

353 Central Avenue, London, Ontario N6B2E3

$999,999

353 Central Avenue, London, Ontario N6B2E3 is For Sale and has a listing price of 999,999. The property is located in the neighbourhood. It's been on the website for 187 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 8
    Bedrooms
  • 4
    Bathrooms
  • 4
    Parking Spaces
  • MLS ID: X9295385
  • Office Name RIGHT AT HOME REALTY
Property Description

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the other 3 units pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **EXTRAS** Rent for each unit: Unit 1- Rented for $1,950 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 8
  • MLS ID: X9295385
  • Bathrooms: 4
  • Price: $999,999
  • Transaction Types: For Sale
  • Ref ID: 27354942
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
02/25/2025 X11988161 $924,900 For Sale - -
02/25/2025 X11988158 $924,900 For Sale - -
09/03/2024 40637448 $999,999 For Sale - -
09/03/2024 X9295385 $999,999 For Sale - -
06/04/2024 X8400858 $999,999 For Sale - -
06/04/2024 40598971 $999,999 For Sale - -
04/11/2024 X8227552 Terminated 08/31/2024 -
04/11/2024 40570638 $999,999 For Sale - -
02/27/2024 40545966 $1,199,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bedroom - Second 3.25 m x 3.76 m
Bedroom 2 - Basement 3.1 m x 5.11 m
Bedroom 3 - Basement 3.44 m x 5.1 m
Living room - Main 4.99 m x 3.72 m
Bedroom 2 - Main 4.45 m x 3.09 m
Bedroom - Main 3.96 m x 3.74 m
Dining room - Main 2.39 m x 2.39 m
Kitchen - Main 3.08 m x 3.44 m
Kitchen - Main 3.31 m x 3.37 m
Living room - Main 3.3 m x 4.94 m
Dining room - Main 3.21 m x 3.74 m
Bedroom - Main 2.72 m x 3.54 m
Neighborhood Stats
London
  • $721,390 Average List Price
    based on 1 year
  • 316 New Listings
    based on 30 days
  • 95 Median Days on Market
    based on 1 year
  • List vs. Selling Price 239.46 % Up
  • Sold (12mo) 1,296
  • Rented (12mo) 314

  • 1 Month Change -10.3%
  • 3 Month Change +4.1%
  • 6 Month Change +4.9%
Walkscore
Property Type Distribution
  • All Houses
    71.97%
  • Commercial
    4.1%
  • Condo
    23.82%
  • Land for Sale
    0.11%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Electric
  • Basement2 Partial (finished)
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 4
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 03/09/2024 00:00:00
  • Agent Name: JASON LEATHWOOD
  • Last Updated: 13/02/2025 02:03:46
Open House Dates
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