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5
BEDROOMS 4
BATHROOMS 2 + 1
KITCHENS 11 + 3
ROOMS X13691224
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Property Description
AN EXCEPTIONAL OPPORTUNITY TO OWN A BEAUTIFULLY RESTORED LUXURY VICTORIAN HOME IN THE HEART OF DOWNTOWN, WITHIN STEPS OF THE THAMES VALLEY PARKWAY, HARRIS PARK, THE THAMES RIVER AND VIBRANT RICHMOND ROW! WITH PROVEN INCOME OF 56,400 YEARLY AND POTENTIAL OF AN ADDITIONAL 11,000. FROM LOWER, THIS TURNKEY INVESTMENT INCLUDES TWO APARTMENTS, ONE TWO BDRM, AND ONE 3 BDRM, WITH A POTENTIAL BACHELOR IN THE LOWER LEVEL. A UNIQUE BLEND OF HISTORIC CHARM AND MODERN UPGRADES WHERE IT COUNTS MOST. MAIN FLOOR 2 BDRM UNIT INCLUDES A GENEROUS FAMILY ROOM WITH TONS OF GLASS FOR NATURAL LIGHT AND ACCESS TO THE PRIVATE REAR YARD. AN UPDATED EAT IN KITCHEN WITH GRANITE COUNTERS, GENEROUS ISLAND, MODERN LIGHT WOOD CABINETRY. 3 BDRM UNIT (2ND AND 3RD FLOORS) INCLUDES A LARGE LIVING, DINING COMBINATION WITH 3 WALLS OF GLASS, WHITE GALLEY KITCHEN WITH WHITE CABINETRY AND STAINLESS APPLIANCES, ACCESS TO A PRIVATE 2ND FLOOR DECK, 2 BEDROOMS AND BATH. THIRD LEVEL OFFERS A MASTER RETREAT INCLUDING AN ENSUITE, WALKIN CLOSET AND LAUNDRY CLOSET. THE LOWER LEVEL HAS EXTERIOR ACCESS TO AN OPEN CONCEPT BACHELOR AREA, KITCHEN AND BATH, AND LAUNDRY FACILITIES. WHETHER YOU ARE SEEKING A LUXURY LIVE IN SITUATION WHILE ENJOYING THE BENEFIT OF RENTAL INCOME, OR A FULLY TENANTED INVESTMENT OPPORTUNITY, THIS PROPERTY DELIVERS A PROVEN TRACK RECORD WITH CONSISTENT RETURNS. OPPORTUNITY KNOCKS ON THIS UNQUE INVESTMENT IN A TERRIFIC LOCATION!
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Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School, Accessory Apartment, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers, Front Yard Parking
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Property Details
Address
98 Central Avenue
Community
City
Postal Code
N6A 1M4
Property Type
Duplex, Detached
Zoning
R3-1 OC
Lot Size
50' x 90'
Taxes
$11,115 (2025
Basement
Finished, Separate Entrance
Exterior
Privacy, Porch
Heat Type
Heat Pump
Heat Source
Other
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Royal Lepage Triland Realty
Located in the desirable Fox Hollow community of North London, this extensively remodeled 4 + 1 bedroom, 5 bathroom home offers a modern, flexible layout ideal for growing, extended, or multigenerational families, complete with a fully finished lower level in law suite setup featuring a separate entrance and second kitchen. The property offers a double garage, parking for four vehicles, a landscaped and fully fenced backyard, a spacious deck, and plenty of room for children, pets, gardening, or entertaining. Recent improvements include new flooring, a remodeled main kitchen with granite countertops, all new interior doors, new window coverings, a new electric fireplace, landscaping, and a new fence. The bright main living area features an open kitchen, dining, and living room layout with stainless steel appliances, generous cabinetry, ample counter space, a centre island, and direct access to the backyard. Upstairs are four bedrooms and three full bathrooms, including a spacious primary bedroom with a walk in closet and private ensuite, plus a second bedroom with its own ensuite. The fully finished lower level adds a family room, second kitchen, bedroom, full bathroom, storage, and windows that bring natural light into the space. All electrical work completed as part of the renovations was performed by a certified electrician. Conveniently located near schools, parks, trails, shopping, restaurants, transit, and everyday amenities around Fanshawe Park Road and Hyde Park Road, this move in ready home combines extensive updates, generous living space, and a highly practical layout in one of North London's most desirable growing communities!
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Welcome to the Historic heart of London, Ontario! This executive licensed duplex has had a "back to the bricks" renovation with outstanding A+ tenants in place. The main floor features a spacious primary bedroom with ensuite bathroom. Highlights include hardwood floors, hard surfaces, stainless steel appliances, and updated fixtures and mechanicals, making this unit truly impressive. The fully finished lower with this unit offers plenty of storage, an additional bedroom, laundry and a full three-piece bathroom, completing the unit. The main floor of the upper unit features soaring ceilings, a modern open-concept kitchen, a generous bedroom, and a full three-piece bathroom with a glass-enclosed rainforest shower. The third level serves as the primary retreat, showcasing a stylish European design with an open bathroom that includes a standalone tub and glass shower-sure to leave a lasting impression! The small yard is ideal for investors due to its low maintenance requirements. The lower unit has access to the back deck, while the upper unit boasts its own private deck off the kitchen. Conveniently located near various amenities, city bike paths, and just steps away from Harris Park and downtown eventvenues.2 Fully self contained units are equipped with their own furnace and AC. Unique zoning for alternative future OC use. Note: Photos of the main floor unit are from previous tenants. Come Oct 1 vacant possession for main floor unit available.
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This property is a fantastic investment opportunity and an excellent potential income source. It features a fully finished basement with a separate entrance, as well as a fully finished garden suite with its own separate entrance and 2 bedrooms. A great opportunity for investors looking to add a strong income generating property!
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