305 Central Avenue

London, N6B 2C9

Interior: 0 ft²
Lot: 40 × 133.5 ft
Type: Investment
On the market: 141 days

Compare 305 Central Avenue

About this home

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.

Property details

MLS® number: X13211624
Property type: Investment
Interior size: 0 ft²
Lot

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40 × 133.5 ft

Heating

Water Radiators

Cooling

No

Parking: garage: double detached
Property taxes: $11,232 (2025)
Possession: 60-89 days
Cross street: Central and Wellington
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 Wellington

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 X13211624. 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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