$949,900
Est. payment $4,206/moCalculate yours
98 Central Avenue, London East, ON N6A 1M4
East, London, ON N6A 1M4
- 5 Beds
- 4 Baths
- 3,000 Sq Ft
Listing courtesy of ROYAL LEPAGE TRILAND REALTY MLS® X13691224
About this home
AN EXCEPTIONAL OPPORTUNITY TO OWN A BEAUTIFULLY RESTORED LUXURY VICTORIAN HOME IN THE HEART OF DOWNTOWN, WITHIN STEPS OF THE THAMES VALLEY PARKWAY, HARRIS PARK, THE THAMES RIVER AND VIBRANT RICHMOND ROW! WITH PROVEN INCOME OF 56,400 YEARLY AND POTENTIAL OF AN ADDITIONAL 11,000. FROM LOWER, THIS TURNKEY INVESTMENT INCLUDES TWO APARTMENTS, ONE TWO BDRM, AND ONE 3 BDRM, WITH A POTENTIAL BACHELOR IN THE LOWER LEVEL. A UNIQUE BLEND OF HISTORIC CHARM AND MODERN UPGRADES WHERE IT COUNTS MOST. MAIN FLOOR 2 BDRM UNIT INCLUDES A GENEROUS FAMILY ROOM WITH TONS OF GLASS FOR NATURAL LIGHT AND ACCESS TO THE PRIVATE REAR YARD. AN UPDATED EAT IN KITCHEN WITH GRANITE COUNTERS, GENEROUS ISLAND, MODERN LIGHT WOOD CABINETRY. 3 BDRM UNIT (2ND AND 3RD FLOORS) INCLUDES A LARGE LIVING, DINING COMBINATION WITH 3 WALLS OF GLASS, WHITE GALLEY KITCHEN WITH WHITE CABINETRY AND STAINLESS APPLIANCES, ACCESS TO A PRIVATE 2ND FLOOR DECK, 2 BEDROOMS AND BATH. THIRD LEVEL OFFERS A MASTER RETREAT INCLUDING AN ENSUITE, WALKIN CLOSET AND LAUNDRY CLOSET. THE LOWER LEVEL HAS EXTERIOR ACCESS TO AN OPEN CONCEPT BACHELOR AREA, KITCHEN AND BATH, AND LAUNDRY FACILITIES. WHETHER YOU ARE SEEKING A LUXURY LIVE IN SITUATION WHILE ENJOYING THE BENEFIT OF RENTAL INCOME, OR A FULLY TENANTED INVESTMENT OPPORTUNITY, THIS PROPERTY DELIVERS A PROVEN TRACK RECORD WITH CONSISTENT RETURNS. OPPORTUNITY KNOCKS ON THIS UNQUE INVESTMENT IN A TERRIFIC LOCATION!
Property details
Overview
- Property Type
- Detached
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 3,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 3
- Basement
- Finished, Separate Entrance
Building & Systems
- Heating
- Heat Pump (Other)
- Cooling
- Wall Unit(s)
- Exterior
- Brick, Stone
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 90 Feet
- Parking
- None garage · 4 total
- Zoning
- R3-1 OC
Financial
- Property Taxes
- $11,115 (2025)
Location
- Neighbourhood
- East
- Cross Street
- CENTRAL AND TALBOT
- Direction Faces
- North
Listing
- MLS® Number
- X13691224
- Days on Market
- 60
- Listed On
- 2026-08-19
- Possession
- 30 Days
- Listed By
- ROYAL LEPAGE TRILAND REALTY
Rooms
Features
Interior
- Accessory Apartment
- On Demand Water Heater
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Separate Hydro Meter
- Storage Area Lockers
Property
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- School
Pool
- None
Mortgage calculator
Estimated mortgage payment
$4,206 per month
- Principal and interest
- $4,206
- Property tax
- $926
- Condo fees
- $0
- Estimated monthly cost
- $5,132
Your mortgage
- Mortgage amount
- $759,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $501,866
Cash to close
- Down payment
- $189,980
- Land transfer tax
- $15,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $205,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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