$1,699,999
Est. $7,964/mo mortgage
307 Central Avenue · London East, N6B 2C9
MLS® X13075680
Listed May 3, 2026
Listing courtesy of One Percent Realty LTD.·Updated May 29
Description
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.
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Property details
Interior
- Interior
- 3500-5000 sqft
- Rooms
- 26 rooms · 6 kitchens
- Bathrooms
- 6 × 4-piece
- Basement
- Full, Unfinished
- Heating
- Baseboard
- Cooling
- None
Building & lot
- Type
- Multiplex, 2 1/2 Storey
- Lot size
- 52 × 133.5 ft
- Exterior
- Brick Veneer
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Parking
- 7 spaces
Fees & taxes
- Property tax
- $7,041/yr (2025)
Location & neighbourhood
DirectionsLondon East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly paymentest. $9,592/mo all in
Monthly payment estimate
Land transfer tax$30,475 on closing
Ontario LTT
$30,475
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times
Listed May 29, 2026
Listed May 3, 2026
Sold comparables nearby
Sold$645,000
292 Central Avenue, London East
Sold$765,000
279 Hill Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in Hamilton Road
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 91.2% of asking.
Avg. sold price
$841,333
Sale-to-list ratio
91.2%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $407,000 household income
Minimum household income required
$407,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
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Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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