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.
Details
X12829198
4
$969,900
Tenant
None
2 + 2
2 1/2 Storey
5 + 1
4
2500-3000 Sqft
4500 N/A
100+
Detached
Sale
Additional details
Heat Pump / Gas
R3-1 OC
$11115
2025
LT 13 PLAN 166(W) LONDON
N/A
N
4500
Apartment,Separate Entrance
1
Wall Unit(s)
Deck,Porch
Cul de Sac/Dead End,Fenced Yard,Park,Place Of Worship,School Bus Route,School
Municipal
Rooms
Living Room
Main Level
4.33 x 7.36
Kitchen
Main Level
4.22 x 4.88
Primary Bedroom
Main Level
4.84 x 5.24
Bedroom 2
Main Level
3.14 x 3.43
Foyer
Main Level
4.11 x 2.84
Living Room
Second Level
6.6 x 5.04
Bedroom 3
Second Level
4.17 x 3.57
Bedroom 4
Second Level
4.35 x 4.68
Kitchen
Second Level
2.97 x 4.43
Primary Bedroom
Third Level
5.98 x 6.66
Bedroom
Basement Level
5.6 x 4.58
Kitchen
Basement Level
2.01 x 3.12
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FAQ
What is the total square footage of the X12829198 - 98 Central Avenue, London East, ON N6A 1M4?
The total square footage of this property is 2500-3000 SqFt.
What schools near to X12829198 - 98 Central Avenue, London East, ON N6A 1M4?