Key Facts
- MLS® #: X12829198
- Property ID: SIRC3136226
- Property Type: Residential, Single Family Detached
- Lot Size: 4,500 sq.ft.
- Year Built: 100
- Bedrooms: 5+1
- Bathrooms: 4
- Additional Rooms: Den
- Parking Spaces: 4
- Listed By:
- FOREST HILL REAL ESTATE INC.
Property 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.
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Rooms
- TypeLevelDimensionsFlooring
- Living roomMain14' 2.4" x 24' 1.7"Other
- KitchenMain13' 10.1" x 16' 1.2"Other
- OtherMain15' 10.5" x 17' 2.2"Other
- BedroomMain10' 3.6" x 11' 3"Other
- FoyerMain13' 5.8" x 9' 3.8"Other
- Living room2nd floor21' 7.8" x 16' 6.4"Other
- Bedroom2nd floor13' 8.1" x 11' 8.5"Other
- Bedroom2nd floor14' 3.2" x 15' 4.2"Other
- Kitchen2nd floor9' 8.9" x 14' 6.4"Other
- Other3rd floor19' 7.4" x 21' 10.2"Other
- BedroomBasement18' 4.4" x 15' 3.1"Other
- KitchenBasement6' 7.1" x 10' 2.8"Other
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Location
98 Central Ave, London East, Ontario, N6A 1M4 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0

