Kathleen Taylor - Coldwell Banker Momentum Logo
$1,299,999
( $242.63Per Sq Foot )
 $6,979 est/mo Sourced by Back At You

305 Central Avenue,London East, ON N6B 2C9

London East, ON N6B 2C9

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Description

Exceptional investment opportunity in the heart of downtown London! This well-maintained 5-plex offers a strong 4.6% cap rate with excellent income potential exceeding $86,000 annually. Pride of ownership is evident throughout, as the property has been meticulously cared for with numerous updates completed over the years, providing peace of mind for investors seeking a low-maintenance addition to their portfolio. The property features on-site tenant parking, a highly desirable amenity in the downtown core, and attracts quality long-term tenants with its unbeatable location. Situated within walking distance to Victoria Park, restaurants, shopping, entertainment, transit, and major downtown amenities. Conveniently close to St. Joseph's Health Care London, Western University, and nearby schools, making it an ideal property for consistent rental demand. A rare multi-family opportunity in one of London's most sought-after rental locations - perfect for both seasoned investors and those looking to expand their real estate portfolio.

Details

MLS #X13211624
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site88
Listing Provided ByONE PERCENT REALTY LTD. | X13211624 179505

Features

SQ Feet5,357
Acreage0.12

Interior

CoolingNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount11232
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
RegionMiddlesex
CityLondon East
Postal CodeN6B 2C9
AreaEast F
Listing VS Median (in N6B 2C9)
Price:
$1,299,999
low | high
Med:
$1,299,999
50% of Average
sqft:
5,357
low | high
Med:
5,357
50% of Average
$ / sqft:
$243
low | high
Med:
$243
50% of Average
On site:
88
low | high
Med:
88
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Kathleen Taylor

Kathleen Taylor

Momentum Realty

Sales Representative (905) 246-1836kathleentaylorrealtor@gmail.com
ProvinceON
RegionMiddlesex
CityLondon East
Postal CodeN6B 2C9
AreaEast F
Listing VS Median (in N6B 2C9)
Price:
$1,299,999
low | high
Med:
$1,299,999
50% of Average
sqft:
5,357
low | high
Med:
5,357
50% of Average
$ / sqft:
$243
low | high
Med:
$243
50% of Average
On site:
88
low | high
Med:
88
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $974K - $1.624M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
334 Queens Avenue Property Photo 1
$799,000
334 Queens Avenue
London East, ON N6B 1X4
232 DUNDAS Street Property Photo 1
$1,650,000
232 Dundas Street
London East, ON N6A 1H3
200 DUNDAS Street Property Photo 1
$895,000
200 Dundas Street
London East, ON N6A 1G7
Listing Updated: May 28, 2026 at 10:01:47 PM PDT

Kathleen Taylor - Coldwell Banker Momentum