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!
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
- 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
Video & virtual tour
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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