Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5,358 sqft

C$1,299,999

305 Central Avenue, London East ON, N6B 2C9

Price per sqftC$242.63
Property size5,358 sqft
Property typeCommercial

Overview

Active

New

Listed May 28, 2026

Updated Jun 25

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.

Other Property Details

Taxes
$11,232
Tax Frequency
Annually

 

Courtesy of Listed by , ONE PERCENT REALTY LTD.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 6:12 AM UTC, 6/25/2026

 

Powered by Luxury Presence