Homes for Sale in London, Ontario
292 Central Avenue
London East, N6B 2C8·MLS® X13568086·
Listing courtesy of Sutton Group - Select Realty·Updated 3 hours ago
Listing price
$749,000
Est. $3,567/mo
Days on market
Listed Jul 15, 2026
Description
Solid Brick Multiplex located in the core area. Fabulous location near Victoria park and Richmond Row. Presently 4 units with over 3000 sq. ft. Parking at the rear of the building off of a rear lanway. Vacant main floor unit is a large 2-bedroom, 2nd floor unit is a 3-bedroom and is rented for $1100/month, vacant 3rd floor unit is a 1-bedroom, above the garage unit is a 1-bedroom rented for $950/month.
Property details
Garage
1 car Attached
Basement
Full, Unfinished
Parking
4 spaces
Type
Multiplex — 2 1/2 Storey
Heating
Baseboard
AI property estimate
53% confidence · 7 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly payment estimate
Land transfer tax
Ontario LTT
$11,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$815,000
302 central Avenue, London East
Sold$1,550,000
894 ADELAIDE Street, London East
See all 9 comparables
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Market conditions · East A
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,996
Rental yield
4.8%
Est. cash flow
-$1,789
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$179,427
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,010,556
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