For Sale

98 Central Avenue, London East, Ontario N6A 1M4

$969,900

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.

  • Detached
    Property Type
  • 6
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12829198
  • Office Name FOREST HILL REAL ESTATE INC.
Property Description

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.

Property Details
  • Bedrooms: 6
  • MLS ID: X12829198
  • Bathrooms: 4
  • Price: $969,900
  • Lot Depth: 90
  • Transaction Types: For Sale
  • Ref ID: X12829198
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Talbot & Central Ave
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
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 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $648,806 Average List Price
    based on 1 year
  • 337 New Listings
    based on 30 days
  • 41 Median Days on Market
    based on 1 year
  • List vs. Selling Price 174.25 % Up
  • Sold (12mo) 711
  • Rented (12mo) 229

  • 1 Month Change -70.5%
  • 3 Month Change +9.0%
  • 6 Month Change -3.5%
Walkscore
Additional Details
  • Heat Type Heat Pump
  • Heat Source Gas
  • Style 2 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Brick, Stone
  • Kitchen 3
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $11,115
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/02/2026 01:38:57
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