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Multiplex for sale

$1,299,999

305 Central Avenue

London, N6B 2C9

Bedrooms: 7 beds
Bathrooms: 5 baths
Interior: 3,500-5,000 ft²
Lot: 40 × 133.5 ft
Type: Multiplex
On the market: 166 days

Compare 305 Central Avenue

About this home

Prime investment opportunity in the heart of downtown London! This well-maintained fourplex offers strong income potential in a highly desirable, amenity-rich location. Situated just minutes from shopping, dining, transit, and everyday conveniences, the property is also ideally positioned near several schools, Western University, and St. Joseph's Health Care London-making it especially attractive to students and professionals alike. Each unit is carpet-free and thoughtfully maintained, providing clean, low-maintenance living spaces that appeal to quality tenants. The property has seen numerous updates over time, ensuring long-term durability and reduced upkeep for the next owner. All units are separately metered, with tenants responsible for their own utilities-helping to maximize net operating income and simplify management. Tenanted with reliable occupants, this turnkey investment delivers immediate cash flow with minimal hassle. Whether you're expanding your portfolio or entering the multi-residential market, this centrally located fourplex is a smart addition with lasting value.

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Features

Separate Hydro Meter

Property details

MLS® number: X13075688
Property type: Multiplex
Style: 2-Storey
Bedrooms: 7
Bathrooms: 5
Kitchens: 5
Interior size: 3,500-5,000 ft²
Lot: 40 × 133.5 ft
Basement: Unfinished
Heating: Water, Gas
Sewer: Sewer

Parking: 7 spaces, garage: detached
Exterior: Brick Veneer
Roof: Asphalt Shingle
Foundation: Concrete
Property taxes: $11,232 (2025)
Possession: 60-89 days
Cross street: CENTRAL AND WATERLOO
Municipality: London

What it could cost each month

Mortgage estimate

$5,756a month

$260,000 down, 4.5%, 25 years

Down payment

8.1%10%20%

Interest rate

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An estimate, not a quote. Under 20% down, the mortgage default insurance premium is added to the loan.

Location

London, near CENTRAL AND WATERLOO

305 Central Avenue, London

Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Listing courtesy of ONE PERCENT REALTY LTD.

Listed on the MLS® System of the London and St. Thomas Association of REALTORS. MLS® number X13075688. Measurements are approximate.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS® and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Robert Georgopoulos and George Georgopoulos are Sales Representatives with RE/MAX Advantage Realty Ltd., Brokerage. Each office independently owned and operated.

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,

0 beds0 baths5,000 + ft²

MLS® X13547318Compare 532-538 Dundas Street

$1,699,999

307 Central Avenue

London, Multiplex

8 beds6 baths3,500-5,000 ft²

MLS® X13075680Compare 307 Central Avenue