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$ 1,299,999
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Active
305 Central AVE London East, ON N6B 2C9
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision East F
MLS Listing ID X13211624
Annual Tax Amount $11,232
Tax Year 2025
Property Sub-Type Investment
Property 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.
Location
Province ON
County Middlesex
Area Middlesex
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 133.5
Others
ParcelsYN No
Listed by ONE PERCENT REALTY LTD.
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145 Wharncliffe Rd S, London, ON N6J 2K4, CAN
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