Gurvinder Nokwal REALTOR®
For Sale Detached 60 days on market

$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
Map

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

Room Level Dimensions
Bedroom 2 Main 12′ 10″ × 10′ 10″
Primary Bedroom Main 15′ 0″ × 17′ 3″
Other Third 11′ 3″ × 13′ 10″
Kitchen Second 14′ 11″ × 9′ 11″
Living Room Second 15′ 4″ × 9′ 7″
Kitchen Basement 6′ 7″ × 10′ 7″
Primary Bedroom Basement 18′ 3″ × 15′ 1″
Bedroom 3 Second 11′ 8″ × 13′ 10″
Kitchen Main 14′ 4″ × 14′ 10″
Dining Room Second 11′ 5″ × 11′ 5″
Primary Bedroom Third 22′ 10″ × 18′ 8″
Utility Room Basement 15′ 0″ × 26′ 0″
Family Room Main 14′ 2″ × 24′ 5″
Bedroom 2 Second 15′ 2″ × 13′ 11″

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

Minimum for this price: $69,990 (7.37%)

Amortization, years

Estimated mortgage payment

$4,206 per month

Principal and interest
$4,206
Property tax
$926
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
Total, before legal fees
$205,453
Talk to me about financing

Estimates 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

98 Central Avenue, London East, ON N6A 1M4 East, London, ON N6A 1M4
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$949,900 98 Central Avenue, London East, ON N6A 1M4
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