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$949,900
London East
98 Central Avenue, London East (East F), Ontario, N6A1M4
This 5-bedroom, 4-bathroom home in London East is for sale offering roughly 3,250 sq ft of space.
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! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 74 days across the listings currently for sale in this city
This 5-bed single family in London East (East F) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $949,900, about 15.5× the local median household income of $61,200.
Carrying it typically needs a household income of about $185,549 (20% down, 25-yr amortization, stress-tested) — roughly 203% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.