305 Central Avenue
London, N6B 2C9
FOR SALE
$1,299,999

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Investment
CATEGORY40 x 133.5
LOT SIZEX13211624
MLSIDContact Us
Property Description
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.
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Property Details
Address
305 Central Avenue
Community
City
Postal Code
N6B 2C9
Property Type
Investment, Investment
Use
Apartment
Zoning
OC2 R3-
Lot Size
40' x 134'
Taxes
$11,232 (2025
Heat Type
Water Radiators
Water
Municipal
Garage Type
Double Detached
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Listing contracted with One Percent Realty Ltd.
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