$1,699,999
Est. payment $7,527/moCalculate yours
307 Central Avenue, London East, ON N6B 2C9
East, London, ON N6B 2C9
- 8 Beds
- 6 Baths
- 3,500 Sq Ft
Listing courtesy of ONE PERCENT REALTY LTD. MLS® X13075680
About this home
Exceptional investment opportunity in the heart of London! This rare six-plex offering spans two separate buildings and is anchored by a charming century home full of character and timeless appeal. Meticulously maintained and featuring newer windows throughout, this property blends historic charm with practical updates-making it an attractive and durable addition to any portfolio. Comprised of a desirable mix of one- and two-bedroom units, each suite offers a comfortable and private living space suited for professionals, students, and young families alike. Despite its central location, every unit provides a sense of sanctuary for its occupants. The property is tenanted with long-term, reliable residents, ensuring stability and immediate income. Ideally located just steps from Victoria Park-home to the city’s most popular festivals and events-and within walking distance to CF Masonville Place, the London Public Library Central Branch, major schools, hospitals, and Western University, this property offers unbeatable convenience and strong rental demand. With potential gross annual income exceeding $100,000, this is a turnkey, high-performing asset in one of the city’s most sought-after locations. Whether you’re expanding your portfolio or securing a stable, income-generating property, this six-plex delivers both immediate returns and long-term growth potential.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 8
- Bathrooms
- 6
- Kitchens
- 6
- Basement
- Full, Unfinished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Brick Veneer
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 52 x 133.5 Feet
- Parking
- None garage · 7 total
Financial
- Property Taxes
- $7,041 (2025)
Location
- Neighbourhood
- East
- Cross Street
- CENTRAL AND WATERLOO
- Direction Faces
- North
Listing
- MLS® Number
- X13075680
- Days on Market
- 170
- Listed On
- 2026-05-01
- Listed By
- ONE PERCENT REALTY LTD.
Features
Interior
- Primary Bedroom - Main Floor
Pool
- None
Mortgage calculator
Estimated mortgage payment
$7,527 per month
- Principal and interest
- $7,527
- Property tax
- $587
- Condo fees
- $0
- Estimated monthly cost
- $8,114
Your mortgage
- Mortgage amount
- $1,359,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $898,169
Cash to close
- Down payment
- $340,000
- Land transfer tax
- $30,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $370,475
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
This photo could not be loaded.