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$969,900
Available - For Sale
Listing ID: X12829198
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.
Price $969,900
Taxes: $11,115
Occupancy by: Tenant
Address: 98 Central Avenue , London East, N6A 1M4, Middlesex
Directions/Cross Streets: Talbot & Central Ave
Rooms: 10
Rooms +: 2
Bedrooms: 5
Bedrooms +: 1
Washrooms: 4
Family Room: T
Basement: Apartment
Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 24.14 14.20 B/I Bookcase, Window Floor to Ceil
Room 2: Main Kitchen 16.01 13.84 Centre Island
Room 3: Main Primary B 17.19 15.88 Fireplace
Room 4: Main Bedroom 2 11.25 10.30
Room 5: Main Foyer 9.32 13.48
Room 6: Second Living Ro 16.53 21.65 Combined w/Dining
Room 7: Second Bedroom 3 11.71 13.68 W/O To Deck
Room 8: Second Bedroom 4 15.35 14.27
Room 9: Second Kitchen 14.53 9.74
Room 10: Third Primary B 21.84 19.61 4 Pc Ensuite, Walk-In Closet(s), Combined w/Laundry
Room 11: Basement Bedroom 15.02 18.37 Combined w/Living
Room 12: Basement Kitchen 10.23 6.59
No. of Pieces Level
Washroom 1 3 Main
Washroom 2 4 Second
Washroom 3 4 Third
Washroom 4 3 Basement
Washroom 5 0
Washroom 6 3 Main
Washroom 7 4 Second
Washroom 8 4 Third
Washroom 9 3 Basement
Washroom 10 0
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Stone
Garage Type: None
(Parking/)Drive: Private, F
Drive Parking Spaces: 4
Park #1
Parking Type: Private, F
Park #2
Parking Type: Private
Park #3
Parking Type: Front Yard
Pool: None
Other Structures: Gazebo
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Property Features: Cul de Sac/D
Fenced Yard
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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FOREST HILL REAL ESTATE INC.

98 Central Avenue , London East, N6A 1M4, Middlesex

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East F
Style: 2 1/2 Storey
Lot Size: x 90.00(Feet)
Approximate Age: 100+
Tax: $11,115
Maintenance Fee: $0
Beds: 5+1
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908