98 Central Avenue

London

98 Central Avenue
98 Central Avenue
98 Central Avenue
+47
5+1
 bed
4
 bath
4
 parking
2500 - 3000
 sqft
Detached
$969,900
For Sale
40 days
 on site
$969,900
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Size
-
Lot size
4500 sqft
Street frontage
-
Possession
2026-04-01
Price per sqft
$323 - $388
Taxes
$11,115 (2025)
Parking Type
-
Style
2 1/2 Storey
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Description
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.
Broker: FOREST HILL REAL ESTATE INC.
MLS®#: X12829198
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Heat Pump
Style:
2 1/2 Storey
MLS Size:
2500-3000 sqft
Lot front:
50 Ft
Lot depth:
90 Ft
Listed on:
Feb 28, 2026
Show all details
Rooms
LevelNameSizeFeatures
Main
Kitchen
16.0 x 13.8 ft
Second
Bedroom 3
11.7 x 13.7 ft
Basement
Kitchen
10.2 x 6.6 ft
Show all
Instant estimate:
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$25,136
lower than listed price
i
High
$990,505
Mid
$944,764
Low
$896,663
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About 98 Central Avenue

98 Central Avenue is a London detached house for sale. It has been listed at $969900 since February 2026. This 2500-3000 sqft detached house has 5+1 beds and 4 bathrooms. 98 Central Avenue resides in the London Downtown neighbourhood, and nearby areas include Woodfield, Old North, West London and South London.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this detached house.

Getting around the area will require a vehicle, as there are no nearby transit stops.