98 Central Avenue, London East (East F) ON

About 98 Central Avenue

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. (id:56071). Get more information on 98 Central Avenue

Property Features

Appliances:  Water Heater - Tankless, Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator
Features:  Cul-de-sac, Gazebo, In-Law Suite
Rental Equipment:  Furnace
Fireplace Total:  2
Fireplace:   Free Standing Metal
Directions:  Cross Streets: Talbot & Central Ave. ** Directions: West of Talbot. 2nd last house before the end of the Central Ave.
Zoning Description:  R3-1 OC
Interior Size:  2500 - 3000 sqft
Fence:  Fenced yard
Community Features:  School Bus
Amenities:  Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Lot:  50 x 90 FT 50 x 90 FT
Exterior Finish:  Brick, Stone
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Electric, Natural gas / Wall unit
Age: 100+ years
Foundation: Stone
Basement:  N/A, N/A

Rooms & Sizes

Living room Second level 5.04 m x 6.6 m	Bedroom 3 Second level 3.57 m x 4.17 m	Bedroom 4 Second level 4.68 m x 4.35 m
Kitchen Second level 4.43 m x 2.97 m	Primary Bedroom Third level 6.66 m x 5.98 m	Bedroom Basement 4.58 m x 5.6 m
Kitchen Basement 3.12 m x 2.01 m	Living room Main level 7.36 m x 4.33 m	Kitchen Main level 4.88 m x 4.22 m
Primary Bedroom Main level 5.24 m x 4.84 m	Bedroom 2 Main level 3.43 m x 3.14 m	Foyer Main level 2.84 m x 4.11 m