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Royal LePage
Royal LePage
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$999,888

London East (East F) ON, N6B 2C8

MLS® # X12497200

Property Information:

Welcome to this 5 unit downtown building located on Central street right in the middle of everything. Just steps to Victoria park, Richmond Row, shops, restaurants, bars, schools and everything Downtown London has to offer. Short 5-10 minute walk to city hall, centennial hall, Canada Life building, transit hubs and bus stops Western University and Fanshawe College. This large building offers a great split of units with 3 -1 bedroom units and 2 - 2 bedroom units and up to 8 parking spots downtown. Hardwood floors throughout most of the spaces, beautiful original moldings , high ceilings, large windows that shower the spacious rooms with tons of sunlight. With a large lot downtown at 44 feet wide by 144 feet deep, each unit has either a outside deck area or patio space. Two 1 bedroom units are leased month to month at $850 and $950 with lots of room of upside on turn over, 3 units have been left vacant for the new owner to decide how to proceed with the building. This type of opportunity rarely becomes available with the building with this square footage and in this location. This building can become something extremely special. The right buyer here can turn this building into something extremely special and a life changing investment. Call now to see how this could be the premiere property in your portfolio, or an incredible home downtown. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 0 - 699 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 6
  • Features: Guest Suite
  • Floor Space (approx): 0 - 699 Square Feet
  • Irregular: Yes
  • Lot Depth: 144.0 Feet
  • Lot Frontage: 48.0 Feet
  • Lot Size: 48 x 144 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: AGENT REALTY PRO INC

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 302 CENTRAL AVENUE, London East (East F), Ontario, N6B 2C8

Demographic Information of 302 CENTRAL AVENUE, London East (East F), Ontario, N6B 2C8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$110,767.31

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.15 %

High school certificate or equivalent

28.34 %

Apprenticeship trade certificate/diploma

3.36 %

College/non-university certificate

19.38 %

University certificate (below bachelor)

1.99 %

University Degree

40.78 %

Commuter

Travel To Work

By Car

63.05 %

By Public Transit

15.13 %

By Walking

17.38 %

By Bicycle

2.19 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.59 %

Houses

19.41 %

Own Vs. Rent

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