98 Central Ave

East F, London, N6A 1M4
FOR SALE
$1,199,000
98 Central Ave, London
98 Central Ave
98 Central Ave
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4 + 1
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
10 + 2
ROOMS
X11920730
MLSID
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Property Description
Nestled just northwest of Downtown, this property is in a vibrant neighbourhood renowned for its boutique shops, trendy restaurants along Richmond Row, and charming Victorian homes. Within walking distance to Harris Park, a hub for local events, stunning river views, and expansive green spaces, this luxury triplex offers an unbeatable blend of location and lifestyle. It is also in the catchment for two of Londons top-rated high schools; Central and Catholic Central High. Meticulously maintained with thoughtful updates that honour its original character, this property is truly exceptional. The main floor unit boasts two bedrooms, a spacious kitchen with a centre island, and a bright living room at the back of the house wrapped in natural light from its large windows. Upstairs, the second unit features contemporary design, two generously sized bedrooms, and an expansive private deck. The cozy bachelor suite in the basement adds even more versatility to this stunning investment. It is a property that promises to elevate any portfolio. Please book a private showing and see everything this property has to offer in person.
Property Features
Park, Place Of Worship, Public Transit, Wooded/Treed
Property Details
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 90'
Acreage
< .50
Fronting
North
Taxes
$10,430 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.21' x 24.15'B/I Bookcase, Window Flr to Ceil
KitchenMain13.85' x 16.01'Centre Island
Prim BdrmMain15.88' x 17.19'Fireplace
BrMain10.30' x 11.25'
FoyerMain13.48' x 9.32'
Living2nd21.65' x 16.54'
Dining2nd13.68' x 11.71'W/O To Deck
Kitchen2nd9.74' x 14.53'
Br2nd14.27' x 15.35'
Prim Bdrm3rd19.62' x 21.85'4 Pc Bath, W/I Closet, W/O To Balcony
BrBsmt18.37' x 15.03'Combined W/Living
KitchenBsmt6.59' x 10.24'
London Market Statistics
London Price Trend
98 Central Ave is a 4-bedroom 4-bathroom home listed for sale at $1,199,000, which is $297,977 (33.1%) higher than the average sold price of $901,023 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in London increased by $14,663 (1.7%) compared to the previous 30 day period (November 19 - December 18) and up $51,123 (6.0%) from the same time one year ago.
Inventory Change
There were 111 4-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 15.9% compared with the previous 30 day period (November 19 - December 18) and up 825.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($36,240) (4.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $13,234 decrease compared to the previous 30 day period (November 19 - December 18) and ($29,000) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in London over the last 30 days (December 19 - January 17) stood at 77.5%, up from 53.0% over the previous 30 days (November 19 - December 18) and down from 91.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in London stood at 52 days when successfully sold over the last 30 days (December 19 - January 17), compared to 90 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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