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For sale
  • C$969,900

    98 Central Ave, London, ON N6A 1M4

    6beds
    4baths
    Single Family Residence
    Built in ----
    4,500 Square Feet Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Luxury Victorian Home with Proven Income - Live in Style & Earn with Confidence! An exceptional opportunity to own a beautifully restored century home in one of London's most desirable neighbourhoods just northwest of Downtown. This is fully set up as three self-contained units with separate entrances, meters, and wiring. A rare blend of historic charm, modern upgrades, and strong, established income. All three units are currently rented and generating $5,700 per month ($68,400 annually): Upper Unit: $2,700/mo + Main Floor: $2,000/mo + Lower Level: $1,000/mo.. This solid revenue stream provides an excellent market cap rate and immediate cash flow from day one. Main Floor Unit: Two generous bedrooms, sun-filled living room and a spacious, updated kitchen with centre island. Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck. Lower Level Suite: A charming bachelor unit with separate entrance, ideal for continued rental income. Live in one unit and rent the others, continue operating as a high-performing multi-unit investment, or explore conversion to a legal triplex (minor variance may be required). The property has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Set in a vibrant neighbourhood known for boutique shops, cafes, and restaurants along Richmond Row and within walking distance to Harris Park, the Thames River, Central Secondary School & Catholic Central High with Western University a short bus ride away. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you're seeking a luxury live-in investment or a fully tenanted income property in a high-demand area, this property delivers both character and consistent returns. Book your private tour today - opportunities with this level of income and location are rare.
    144 days
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    34
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    FOREST HILL REAL ESTATE INC.

    Source: TRREB,MLS®#: X12829198MLS LogoOriginating MLS®#: London and St. Thomas Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Primary bedroom
      • Level: Third
      • Dimensions: 6.66 x 5.98
      Primary bedroom
      • Level: Main
      • Dimensions: 5.24 x 4.84
      Bedroom
      • Level: Basement
      • Dimensions: 4.58 x 5.6
      Bedroom 2
      • Level: Main
      • Dimensions: 3.43 x 3.14
      Bedroom 3
      • Level: Second
      • Dimensions: 3.57 x 4.17
      Bedroom 4
      • Level: Second
      • Dimensions: 4.68 x 4.35
      Foyer
      • Level: Main
      • Dimensions: 2.84 x 4.11
      Kitchen
      • Level: Main
      • Dimensions: 4.88 x 4.22
      Kitchen
      • Level: Basement
      • Dimensions: 3.12 x 2.01
      Kitchen
      • Level: Second
      • Dimensions: 4.43 x 2.97
      Living room
      • Level: Main
      • Dimensions: 7.36 x 4.33
      Living room
      • Level: Second
      • Dimensions: 5.04 x 6.6
      Heating
      • Heat Pump, Gas
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Instant Hot Water
      Features
      • In-Law Suite, Separate Heating Controls, Primary Bedroom - Main Floor, Separate Hydro Meter
      • Flooring: Accessory Apartment
      • Basement: Apartment,Separate Entrance
      • Has fireplace: Yes
      • Fireplace features: Family Room, Free Standing
      Interior area
      • Living area range: 2500-3000 null
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Private, Front Yard Parking, Private Double
      Features
      • Stories: 2.5
      • Patio & porch: Deck, Porch
      • Pool features: None
      Lot
      • Size: 4,500 Square Feet
      • Features: Cul de Sac/Dead End, Fenced Yard, Park, Place Of Worship, School Bus Route, School
      Details
      • Additional structures: Gazebo
      • Parcel number: 082610039

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Stone
      • Foundation: Stone
      • Roof: Asphalt Shingle

      Utilities & green energy

      • Sewer: Sewer

      Community & HOA

      Location
      • Region: London

      Financial & listing details

      • Annual tax amount: C$11,115
      • Date on market: 2/28/2026
      FOREST HILL REAL ESTATE INC.

      FOREST HILL REAL ESTATE INC.

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        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: London

        Getting around

        75 / 100
        Very Walkable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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