Gurvinder Nokwal REALTOR®
For Sale Multiplex 170 days on market

$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

Minimum for this price: $340,000 (20%)

Amortization, years

Estimated mortgage payment

$7,527 per month

Principal and interest
$7,527
Property tax
$587
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
Total, before legal fees
$370,475
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

307 Central Avenue, London East, ON N6B 2C9 East, London, ON N6B 2C9
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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).

$1,699,999 307 Central Avenue, London East, ON N6B 2C9
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