98 Central Avenue

ActiveLondon East · East F160 days on marketMLS® X12829198

$969,900

$388 / sq ft

Bedrooms6

Bathrooms4

Interior2,500 sq ft

Lot Size4,500 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market160

About this property

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.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X12829198
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,500 sq ft
Lot Size	4,500 sq ft
Beds / Baths	6 bed · 4 bath
Neighbourhood	East F
City	London East
Postal Code	N6A 1M4
Province	ON
Listed Date	February 28, 2026
Days on Market	160
Price per Sq Ft	$388
Brokerage	FOREST HILL REAL ESTATE INC.