6 Bedroom
4 Bathroom
2,500 - 3,000 ft2
Fireplace
Wall Unit
Heat Pump, Not Known
$969,900
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. (id:50976)
Property Details
|
MLS® Number
|
X12829198 |
|
Property Type
|
Single Family |
|
Community Name
|
East F |
|
Amenities Near By
|
Park, Place Of Worship, Schools |
|
Community Features
|
School Bus |
|
Equipment Type
|
Furnace |
|
Features
|
Cul-de-sac, Gazebo, In-law Suite |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Furnace |
|
Structure
|
Deck, Porch |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
6 |
|
Age
|
100+ Years |
|
Amenities
|
Fireplace(s), Separate Heating Controls, Separate Electricity Meters |
|
Appliances
|
Water Heater - Tankless, Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Wall Unit |
|
Exterior Finish
|
Brick, Stone |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
2 |
|
Fireplace Type
|
Free Standing Metal |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Electric, Natural Gas |
|
Heating Type
|
Heat Pump, Not Known |
|
Stories Total
|
3 |
|
Size Interior
|
2,500 - 3,000 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Park, Place Of Worship, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
90 Ft |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
50 X 90 Ft |
|
Size Total Text
|
50 X 90 Ft |
|
Zoning Description
|
R3-1 Oc |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Living Room |
5.04 m |
6.6 m |
5.04 m x 6.6 m |
|
Second Level |
Bedroom 3 |
3.57 m |
4.17 m |
3.57 m x 4.17 m |
|
Second Level |
Bedroom 4 |
4.68 m |
4.35 m |
4.68 m x 4.35 m |
|
Second Level |
Kitchen |
4.43 m |
2.97 m |
4.43 m x 2.97 m |
|
Third Level |
Primary Bedroom |
6.66 m |
5.98 m |
6.66 m x 5.98 m |
|
Basement |
Bedroom |
4.58 m |
5.6 m |
4.58 m x 5.6 m |
|
Basement |
Kitchen |
3.12 m |
2.01 m |
3.12 m x 2.01 m |
|
Main Level |
Living Room |
7.36 m |
4.33 m |
7.36 m x 4.33 m |
|
Main Level |
Kitchen |
4.88 m |
4.22 m |
4.88 m x 4.22 m |
|
Main Level |
Primary Bedroom |
5.24 m |
4.84 m |
5.24 m x 4.84 m |
|
Main Level |
Bedroom 2 |
3.43 m |
3.14 m |
3.43 m x 3.14 m |
|
Main Level |
Foyer |
2.84 m |
4.11 m |
2.84 m x 4.11 m |
https://www.realtor.ca/real-estate/29409913/98-central-avenue-london-east-east-f-east-f
