Royal LePage Maximum Realty Brokerage

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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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98 Central Avenue, London East, ON N6A 1M4

Detached Home For Sale | X12829198Sale

Listing ID: X12829198
$969,900
6 Bedrooms
4 Bathrooms
Listing ID #X12829198
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.

Basic Details
Listing ID : X12829198
Listing Type : Sale
Price : $969,900
Bathrooms : 4
Status : Active
Property Sub Type : Detached
Roof : Asphalt Shingle
Map
Address Map
98
Central
US
ON
Middlesex
London East
N6A 1M4
Avenue
North
West of Talbot. 2nd last house before the end of the Central Ave.
R3-1 OC
Property Area
East F
Features
: Wall Unit(s)
: Family Room, Freestanding
: None
: Apartment, Separate Entrance
: Private, Private Double, Front Yard Parking
: 2 1/2 Storey
: Deck, Porch
2
: In-Law Suite, Primary Bedroom - Main Floor, On Demand Water Heater, Separate Hydro Meter, Accessory Apartment, Separate Heating Controls
: Sewer
Rooms
6
Additional Information
: Stone, Brick
: Stone
https://youtu.be/25N3U6Vc17g
Financial
11115.0
Listing Information
New
2026-02-28T01:38:57Z
TRREB

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