Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13211624

305 Central Avenue, London East, ON N6B 2C9

London East, ON N6B 2C9

$1,299,999 Est. $5,521/mo · 20% down, 25-yr, 4.09%
40 × 134 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Community NameEast F
Land Size40 x 133.5 ft
Annual Property Taxes$11,232.00
Tax Year2025
Parking TypeDouble Detached Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions40 × 134 ft
Lot frontage40 ft
Lot depth134 ft

Interior Features

InclusionsFixtures and Chattles
ExclusionsTenant belongings

Building Features

StyleInvestment

Heating & Cooling

CoolingNo
Heating TypeWater Radiators

Parking

Parking TypeDouble Detached Garage

Taxes & fees

Annual taxes$11,232 (2025)

Listing history

On market sinceMay 28, 2026

Location

London East, ON N6B 2C9
Listed by ONE PERCENT REALTY LTD., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
305 Central Avenue, London East, ON N6B 2C9