98 Central Avenue
London East, N6A 1M4·MLS® X13691224
Listing courtesy of Royal Lepage Triland Realty·Updated 3 hours ago
Listing price
$949,900
Est. $4,524/mo
Days on market
Listed Aug 19, 2026
Description
AN EXCEPTIONAL OPPORTUNITY TO OWN A BEAUTIFULLY RESTORED LUXURY VICTORIAN HOME IN THE HEART OF DOWNTOWN, WITHIN STEPS OF THE THAMES VALLEY PARKWAY, HARRIS PARK, THE THAMES RIVER AND VIBRANT RICHMOND ROW! WITH PROVEN INCOME OF 56,400 YEARLY AND POTENTIAL OF AN ADDITIONAL 11,000. FROM LOWER, THIS TURNKEY INVESTMENT INCLUDES TWO APARTMENTS, ONE TWO BDRM, AND ONE 3 BDRM, WITH A POTENTIAL BACHELOR IN THE LOWER LEVEL. A UNIQUE BLEND OF HISTORIC CHARM AND MODERN UPGRADES WHERE IT COUNTS MOST. MAIN FLOOR 2 BDRM UNIT INCLUDES A GENEROUS FAMILY ROOM WITH TONS OF GLASS FOR NATURAL LIGHT AND ACCESS TO THE PRIVATE REAR YARD. AN UPDATED EAT IN KITCHEN WITH GRANITE COUNTERS, GENEROUS ISLAND, MODERN LIGHT WOOD CABINETRY. 3 BDRM UNIT (2ND AND 3RD FLOORS) INCLUDES A LARGE LIVING, DINING COMBINATION WITH 3 WALLS OF GLASS, WHITE GALLEY KITCHEN WITH WHITE CABINETRY AND STAINLESS APPLIANCES, ACCESS TO A PRIVATE 2ND FLOOR DECK, 2 BEDROOMS AND BATH. THIRD LEVEL OFFERS A MASTER RETREAT INCLUDING AN ENSUITE, WALKIN CLOSET AND LAUNDRY CLOSET. THE LOWER LEVEL HAS EXTERIOR ACCESS TO AN OPEN CONCEPT BACHELOR AREA, KITCHEN AND BATH, AND LAUNDRY FACILITIES. WHETHER YOU ARE SEEKING A LUXURY LIVE IN SITUATION WHILE ENJOYING THE BENEFIT OF RENTAL INCOME, OR A FULLY TENANTED INVESTMENT OPPORTUNITY, THIS PROPERTY DELIVERS A PROVEN TRACK RECORD WITH CONSISTENT RETURNS. OPPORTUNITY KNOCKS ON THIS UNQUE INVESTMENT IN A TERRIFIC LOCATION!
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Property details
- Type
- Duplex — 3-Storey
- Age
- 100+ years
- Lot size
- 50 × 90 ft · < .50 acres
- Interior
- 3000-3500 sqft
- Rooms
- 11 rooms · 2 kitchens
- Bathrooms
- 1 × 3-piece on Ground, 1 × 3-piece on Second, 1 × 4-piece on Third, 1 × 3-piece on Basement
- Basement
- Finished, Separate Entrance
- Heating
- Heat Pump
- Cooling
- Wall Unit(s)
- Exterior
- Brick, Stone
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
- Driveway
- Front Yard Parking (4 spaces)
- Parking
- 4 spaces
- Property tax
- $11,115/yr (2025)
Rooms
Main
- Bedroom 2
- 3.92 × 3.31 m
- Primary Bedroom
- 4.57 × 5.25 m
- Kitchen
- 4.36 × 4.51 m
- Family Room
- 4.33 × 7.44 m
Second
- Kitchen
- 4.55 × 3.01 m
- Living Room
- 4.68 × 2.91 m
- Bedroom 3
- 3.56 × 4.21 m
- Dining Room
- 3.48 × 3.47 m
- Bedroom 2
- 4.63 × 4.23 m
Third
- Other
- 3.44 × 4.21 m
- Primary Bedroom
- 6.96 × 5.68 m
Basement
- Kitchen
- 2 × 3.23 m
- Primary Bedroom
- 5.57 × 4.59 m
- Utility Room
- 4.57 × 7.92 m
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
54% confidence · 4 sold homes within 2 km
Location & neighbourhood
London East, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly paymentMortgage, tax and fees
Monthly payment estimate
Land transfer taxOne-time, on closing
Ontario LTT
$15,473
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 5 times · asking price down 19% from the first ask
Listed Aug 19, 2026
Listed Feb 28, 2026
Listed Jul 10, 2025 · 231 days on market
Feb 26, 2026
Listed Apr 26, 2025 · 75 days on market
Jul 10, 2025
Listed Mar 12, 2025 · 44 days on market
Apr 25, 2025
350 days on the market in total across 5 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$440,000
348 Piccadilly Street, London East
Sold$1,870,000
235 Riverside Drive, London North
See what these 6 homes sold for
Create a free account to unlock premium data.
Market conditionsHamilton Road · last 90 days
Avg. sold price
$751,667
Sale-to-list ratio
95.2%
Based on 6 recent comparable sales near this home.
AffordabilityWhat income this home needs
Minimum household income required
$225,044
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$692,500
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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