$ 1,299,999
305 Central Avenue
305 Central Avenue, London East, ON N6B2C9 Photo 1
39 Photos
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305 Central Avenue, London East, ON N6B2C9 Photo 3
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305 Central Avenue, London East

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. (id:1945)
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Property details for 305 Central Avenue, London East

Type
Multi-family
Lot Size
0.123
Heating
Radiator
Cooling
None
Annual Taxes
$11,232 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 305 Central Avenue

Active Listings
246
Min Price
$1
Max Price
$8,250,000
Avg Price
$696,668
Days on Market
74
days
Sold Listings
91
Min Sold Price
$45,000
Max Sold Price
$3,800,000
Avg Sold Price
$605,265
Days until Sold
73
days

Neighbourhood Census Data

London, Ontario

Population
784
Median Age
31.2
Median Income
$33,237
Dwelling Value
$180,135

Housing Tenure

Owners 12%
Renters 88%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 3,171.5/km²
Avg Shelter Cost: $1,242/mo
Owners with Mortgage: 61.5%
Owners Spending 30%+: 61.5%
Tenants Spending 30%+: 47.5%
English only: 91%
English and French: 9.6%
Neither: 0.6%
Median Household Income: $44,757
Median Employment Income: $30,064

Price History

Listed
May 28, 2026
by ONE PERCENT REALTY LTD.
Current Price
$1,299,999
Type
Multi-family
For Sale
305 Central Avenue

Contact Agent Get in touch about 305 Central Avenue, London East

HANAN SOLIMAN
ONE PERCENT REALTY LTD.

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