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353 Central Ave

Central Ave, Central London, London, ON, N6B 2E3

8
Beds
4
Baths
3,000 - 3,500
Sq. Ft.
$999,999
List Price
Details
Photos
42
Comparables
History
353 Central Ave, London, ON - 1 of 3
353 Central Ave, London, ON - 2 of 3
353 Central Ave, London, ON - 3 of 3
163 days on market

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor,... Show More

Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the other 3 units pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **EXTRAS** Rent for each unit: Unit 1- Rented for $1,950 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent.

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Property Details

Size

3,000 - 3,500 sq. ft.
8 Beds
6 Above Grade - 2 Below Grade
4 Baths

Parking

4 Parking Spaces
-

Lot

Size
34′1″ * 132′7″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished, Partial Basement
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Baseboard
Cooling
None

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$5,915.55

Source

Listing Brokerage

MLS® Listing
X9295385
Last Updated
February 13, 2025
Brokerage
RIGHT AT HOME REALTY
Call us 800-591-0566

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