98 Central Avenue, London East, Ontario N6A 1M4 is For Sale and has a listing price of 969,900. The property is located in the London East . It's been on the website for 7 Days.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 02/28/2026 | X12829198 | $969,900 | For Sale | - | - |
| 09/05/2025 | X12384970 | $2,100 | Rented | 12/03/2025 | $2,000 |
| 07/12/2025 | X12280616 | $989,900 | Cancelled | 02/26/2026 | - |
| 04/26/2025 | X12106500 | $989,900 | For Sale | 07/10/2025 | - |