New ListingEXCEPTIONAL INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK. SIX UNITS ALL TOGETHER BETWEEN TWO BUILDINGS AND MADE UP OF ONE BEDROOM AND TWO BEDROOM APARTMENTS. FEATURING NEWER WINDOWS AND HISTORIC CHARM WITH PRACTICAL UPDATES. THE MAIN BUILDING IS MADE UP OF FOUR UNITS WITH HUGE POTENTIAL TO EXPAND INTO AN OVERSIZED ATTIC. THE SECOND BUILDING AT THE BACK OF THE PROPERTY OFF OF A BACK LANE FEATURES TWO LARGE TWO-BEDROOM APARTMENTS. THE PROPERTY HAS TONS OF PARKING AVAILABLE. ALL UNITS ARE SEPARATELY METERED WITH GAS AND ELECTRIC HEATING. THE PROPERTY IS SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. POTENTIAL GROSS INCOME EXCEEDING $100,000 MAKE THIS A HIGH PERFORMING ASSET AND CAN BE PURCHASED WITH 305 CENTRAL AVE. WHICH IS RIGHT NEXT DOOR. (id:13843)
| MLS # | X14163164 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | SUTTON GROUP - SELECT REALTY INC. | EDWARD MILANI |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | OC2 R3- |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas |
| Appliances | Refrigerator, Stove |
| Fireplace Yes / No | No |
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Flat site, Lane |
| Foundation Details | Concrete |
| Parking Features | No Garage |
|---|---|
| Parking Total | 7 |
| Utilities | Sewer, Electricity |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 7253.87 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N6B2C9 |
| Listing VS Median (in N6B2C9) | |
Price: $1,699,999 low | high Med: $1,499,999 sqft: 3,500 low | high Med: 3,500 $ / sqft: $486 low | high Med: $429 On site: 5 low | high Med: 5 | |
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N6B2C9 |
| Listing VS Median (in N6B2C9) | |
Price: $1,699,999 low | high Med: $1,499,999 sqft: 3,500 low | high Med: 3,500 $ / sqft: $486 low | high Med: $429 On site: 5 low | high Med: 5 | |