353 Central Avenue, London

353 Central Avenue, London, ON N6B2E3 Photo 1

40 Photos

353 Central Avenue, London, ON N6B2E3 Photo 2
353 Central Avenue, London, ON N6B2E3 Photo 3
353 Central Avenue, London, ON N6B2E3 Photo 4
353 Central Avenue, London, ON N6B2E3 Photo 5
353 Central Avenue, London, ON N6B2E3 Photo 6
353 Central Avenue, London, ON N6B2E3 Photo 7
  • Bedrooms: 8
  • Bathrooms: 4
  • Living area: 3151 sqft
  • MLS®: 40570638
  • Type: Townhouse
  • Added: 17 days ago

Property Details

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. All 4 units currently rented, and with a property manager already in place, this is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Baseboard heaters, Electric
  • List AOR: Mississauga
  • Stories: 3
  • Basement: Finished, Partial
  • Directions: Central Ave and Waterloo St
  • Living Area: 3151
  • Photos Count: 40
  • Water Source: Municipal water
  • Parking Total: 4
  • Bedrooms Total: 8
  • Structure Type: Fourplex
  • Common Interest: Freehold
  • Subdivision Name: East F
  • Tax Annual Amount: 5915.55
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Zoning Description: Residential
  • Number Of Units Total: 4
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Nearby Places

Name Type Address Distance
Crystal Palace Barracks In 1861, the military built an octagonal Crystal P... 0.3 km
Victoria Park, London, Ontario It is one of the major centres of community events... 0.4 km
Victoria Park Park 509 Clarence St 0.5 km
O"ZEN Restaurant 607 Richmond 0.5 km
Mongolian Grill Restaurant 645 Richmond St 0.6 km
London Public Library All locations offer art exhibits, programs for adu... 0.6 km
Catholic Central High School (London, Ontario) The new building was a Junior High School with gra... 0.6 km
St Peter's Cathedral Basilica Church 196 Dufferin Ave 0.6 km
Amici Italian Restaurant Restaurant 350 Dundas St 0.7 km
CHRW-FM The station broadcasts from Room 250 of the Univer... 0.7 km
Catholic Central High School School 450 Dundas St 0.7 km
Black Trumpet Restaurant Restaurant 523 Richmond St 0.7 km
Similar Townhouses Stat in London
We have found 6 Townhomes that closely match the specifications of the property located at 353 Central Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 664,900 and 995,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the N6B2E3 postal code area of London Ontario Canada.
353 Central Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 353 Central Avenue. The current price of the property is $999,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $799,999. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 25
Bachelor's degree 90
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 10
College 55
University degree at bachelor level or above 120

Neighbourhood Marital Status Stat

Married 70
Widowed 20
Divorced 60
Separated 25
Never married 255
Living common law 90
Married or living common law 165
Not married and not living common law 365

Neighbourhood Construction Date

1961 to 1980 55
1981 to 1990 10
2001 to 2005 20
1960 or before 245
Comparison of 353 Central Avenue, London, ON with Nearby Townhouses
Nearby Cities Listings Avg. price
St Thomas Real Estate 129 $850.900
Ingersoll Real Estate 55 $996.443
Strathroy Real Estate 53 $955.619
Woodstock Real Estate 144 $789.863
Stratford Real Estate 95 $960.959
Tillsonburg Real Estate 118 $986.908
Grand Bend Real Estate 65 $917.268
Delhi Real Estate 57 $888.513
Popular Cities Listings Avg. price
Waterloo Real Estate 400 $872.525
Kitchener Real Estate 698 $987.625
Guelph Real Estate 363 $929.759
Cambridge Real Estate 426 $1.039.820
Burlington Real Estate 789 $1.566.455
Oakville Real Estate 869 $1.946.154
Milton Real Estate 392 $1.813.979
Mississauga Real Estate 1349 $1.338.960
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