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For sale
  • C$999,999

    353 Central Ave, London, ON N6B 2E3

    8beds
    4baths
    3,151sqft
    Multi-4 Unit, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$317/sqft
    C$-- HOA

    What's special

    Parking spotsUse of backyardElectric baseboardsAsphalt shingle roof
    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 others 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!
    236 days
    on Zillow
    |
    57
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 12:45pm

    Listed by:

    Jason Leathwood, Salesperson,

    RIGHT AT HOME REALTY BROKERAGE

    Source: ITSO,MLS®#: 40637448Originating MLS®#: Mississauga Real Estate Board
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Stove, Washer
    • Laundry: In-Suite
    Features
    • None
    • Basement: Partial,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,151
    • Total interior livable area: 3,151 sqft
    • Finished area above ground: 3,151

    Property

    Parking
    • Total spaces: 4
    • Parking features: Private Drive Double Wide
    • Uncovered spaces: 4
    Features
    • Frontage type: South
    • Frontage length: 34.12
    Lot
    • Size: 4,523.63 Square Feet
    • Dimensions: 132.58 x 34.12
    • Features: Park, Place of Worship, Public Transit
    Details
    • Parcel number: 082700039
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-4 Unit, Multi Family
    Materials
    • Brick
    • Foundation: Poured Concrete
    • Roof: Asphalt Shing
    Condition
    • 100+ Years
    • New construction: No

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & HOA

    Location
    • Region: London

    Financial & listing details

    • Price per square foot: C$317/sqft
    • Annual tax amount: C$5,915
    • Date on market: 9/3/2024
    • Inclusions: None, Rent For Each Unit: Unit 1- $1, 950 (3 Bed), Unit 2- $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.
    • Exclusions: Tenants Belongings
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