98 Central Avenue London East, ON N6A 1M4
Listing Courtesy of: PropTX - IDX / Listed By: Forest Hill Real Estate Inc.

  98 Central Avenue London East, ON N6A 1M4

Active
$969,900 (CAD)
6
BED
4
BATH
2500-3000
SQFT

Description

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.

MLS®:
X12829198
Taxes
$11,115(2025)
Type
Single-Family Home
Style
2 1/2 Storey
County
Middlesex County
Community
East F

Listed By

Forest Hill Real Estate Inc.
Source
PropTX - IDX
Last checked Aug 28 2026 at 7:23 PM EDT
Bathroom Details
Interior Features
  • On Demand Water Heater
  • In-Law Suite
  • Accessory Apartment
  • Separate Hydro Meter
  • Separate Heating Controls
  • Primary Bedroom - Main Floor
Property Features
  • Fireplace: Family Room
  • Fireplace: Freestanding
  • Foundation: Stone
Heating and Cooling
  • Heat Pump
  • Wall Unit(s)
Basement Information
  • Apartment
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Stone
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private
  • Private Double
  • Front Yard Parking
Stories
  • 3
Powered by Walk Score®
Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 12:23