368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

98 Central Avenue, London East, ON N6A 1M4

$969,900
  • Sale
  • Detached
  • 74 days ago
  • Updated: 2026-02-28

Property Overview

Property Type
Detached
Bedrooms
6
Bathrooms
4
Garage
4
Size
N/A
Age
100+
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.

Key Details

  • X12829198
  • 4
  • $969,900
  • Tenant
  • None
  • 2 + 2
  • 2 1/2 Storey
  • 5 + 1
  • 4
  • 2500-3000 Sqft
  • 4500
  • 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
RoomLevelSize
Living RoomMain4.33 x 7.36 (m)
KitchenMain4.22 x 4.88 (m)
Primary BedroomMain4.84 x 5.24 (m)
Bedroom 2Main3.14 x 3.43 (m)
FoyerMain4.11 x 2.84 (m)
Living RoomSecond6.6 x 5.04 (m)
Bedroom 3Second4.17 x 3.57 (m)
Bedroom 4Second4.35 x 4.68 (m)
KitchenSecond2.97 x 4.43 (m)
Primary BedroomThird5.98 x 6.66 (m)
BedroomBasement5.6 x 4.58 (m)
KitchenBasement2.01 x 3.12 (m)
Neighbourhood profile DA 35390541 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

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stable jobs

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per km²

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did not move

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since 2016

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Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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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?

    The nearest schools are Jeanne-Sauvé Public School for elementary and London Central Secondary School for secondary.

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