For saleMLS® X14162860

305 Central Avenue, London East, ON N6B 2C9

East F, London East · Near WELLINGTON · View map

$1,299,999
7Beds
5Baths
3500–5000Sq ft
MultiplexType
Detached · 2 spacesGarage
7 totalParking
UnfinishedBasement
$11,571/yrTaxes
$1,299,999
FreeholdNo monthly condo fee
Detached garage7 parking spaces in total
Lot 40 x 134 ftThe land comes with the home
FireplaceCozy winters

About this home

PRIME INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK.WELL MAINTAINED FIVE-UNIT BUILDING. STRONG INCOME POTENTIAL IN A HIGHLY DESIRABLE AREA. SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. THE PROPERTY HAS SEEN NUMEROUS UPDATES OVER TIME, WITH SOME UPDATES AVAILABLE TO INCREASE RENT. ALL UNITS ARE SEPARATELY METERED. PRESENTLY TWO UNITS RENTED AND THREE VACANT WITH YOU ABLE TO PICK YOUR OWN TENANTS AND SET YOUR RENT. PROPERTY COMES WITH A DOUBLE-CAR GARAGE AND LOTS OF PARKING. THIS PROPERTY WOULD MAKE A GREAT ADDITION TO YOUR PORTFOLIO. CAN BE PURCHASED WITH 307 CENTRAL AVE. WHICH IS A 6-UNIT PROPERTY AND IS RIGHT NEXT DOOR.

The home

Type
Multiplex
Style
3-Storey
Square footage
3500-5000 sq ft
Bedrooms
7
Bathrooms
5
Kitchens
5
Rooms
22
Basement
Unfinished
Lot size
40 x 134 ft
Faces
South

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Carbon Monoxide Detectors, Smoke Detector
Exterior
Brick, Brick Veneer

Heating & cooling

Heating fuel
Gas
Heating type
Water
Fireplace
Yes

Garage & parking

Garage
Detached
Garage spaces
2
Driveway spaces
5
Total parking
7
Parking features
Lane, Private

Taxes & other

Property taxes
$11,571/yr
Tax year
2026
Occupancy
Tenant
Possession
69-90
Cross street
WELLINGTON
Neighbourhood
East F

More

Price per sq ft
~$306 (at 4,250 sq ft)
MLS® number
X14162860

The home and its surroundings

  • Separate Hydro Meter
  • Hospital
  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • School
Want to know something that isn’t listed?
Estimated monthly cost$6,208per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    305 Central Avenue, London East, ON N6B 2C9

    East F, London East · Near WELLINGTON

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    Sold history

    Listing history for 305 Central Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 305 Central Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 305 Central Avenue listed for, and what would it cost each month?

    305 Central Avenue is listed for $1,299,999. With 20% down ($260,000), the mortgage payment would be roughly $5,244 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,208 a month, all in. That figure is an illustration, not a quote.

    Is 305 Central Avenue freehold or a condo, and is there a monthly fee?

    305 Central Avenue is a multiplex in East F, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 305 Central Avenue have?

    305 Central Avenue has 7 bedrooms and 5 bathrooms. The listing gives the style as 3-storey.

    Does 305 Central Avenue have a garage and parking?

    Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 5 spaces. In total the listing counts 7 parking spaces.

    Does 305 Central Avenue have a finished basement?

    The listing describes the basement as unfinished.

    What style of home is 305 Central Avenue?

    305 Central Avenue is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 305 Central Avenue, and what is the lot size?

    The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 40 x 134 ft.

    How is 305 Central Avenue heated and cooled?

    Heating is water (gas). The listing does not show air conditioning.

    What are the property taxes for 305 Central Avenue?

    Property taxes are $11,571 a year (2026), or about $964 a month.

    Where is 305 Central Avenue?

    305 Central Avenue is in the East F community of London East. The nearest main intersection is WELLINGTON. The postal code is N6B 2C9.

    Is 305 Central Avenue still for sale?

    Yes. It is an active listing (MLS® X14162860). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 305 Central Avenue asking?

    Similar properties for sale nearby right now include 434 Dufferin Avenue at $1,249,000 (6 bed), 77 Sterling Street at $975,000 (6 bed) and 149 Sydenham Street at $1,149,000 (10 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 305 Central Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 305 Central Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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