Re-listed 5 hours ago

98 Central Ave, London East, Ontario N6A 1M4

Detached
5 + 1
4
~2500-3000 sqft
$•••,•••
$989,900
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$4,950Cashback
Detached
5 + 1
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market5 hours

Total days on market
122 days

Estimated valueNot available

Price/Sqft$362/sqft

Monthly cost

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CMA Subject Property

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+10

Properties sold*

$491K

Median sold price*

*Based on last 30 days

Description

Luxury Victorian Home with Income Potential - Live in Style & Earn with Ease! An exceptional opportunity to own a beautifully restored century home in one of London's most desirable neighbourhoods just northwest of Downtown. While not currently a legal triplex, this property is fully set up as one with separate entrances, meters, and wiring for three self-contained units. It's a rare blend of historic charm, modern upgrades, and smart income potential. Live in one unit and rent the others or convert it into a legal duplex or triplex (minor variance may be required). Currently owner-occupied, the home has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Main Floor Unit: Two generous bedrooms, sun-filled living room, and a spacious, updated kitchen with centre island perfect for owner occupancy. Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck. Lower Level Suite: A charming bachelor unit with separate entrance ideal for rental income, guests, or multi-generational living. Set in a vibrant neighbourhood known for boutique shops, cafés, and restaurants along Richmond Row, and within walking distance of Harris Park, the Thames River, and top-ranked high schools (Central & Catholic Central) and Western University. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you're looking for a luxury live-in investment or a multi-unit opportunity in a high-demand area, this property delivers. Book your private tour today... opportunities like this are rare.


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size4,500 SqFt(90 x 50)
Parking Spaces4
MLS ®NumberX12280616
Community NameCentral London
Data SourceTRREB
Listing byFOREST HILL REAL ESTATE INC.

Features

Heating: Heat Pump
Cooling: Wall Unit
Fireplace
Basement: Apartment, Sep Entrance

Main Floor

Living

7.36 x 4.33

B/I Bookcase / Window Flr to Ceil

Kitchen

4.88 x 4.22

Centre Island

Primary

5.24 x 4.84

Fireplace

2nd Br

3.43 x 3.14


Features

Lot size: 4,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Market Data - Central London

Geo Zone Map ThumbnailCentral London

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

26 days

2023

24 days

2022

12 days

New Listings

Past 30 days

22 listings

Compared to

2024

18 listings

2023

9 listings

2022

16 listings

Units sold

Past 30 days

7 units

Compared to

2024

10 units

2023

9 units

2022

4 units

Median Sold Price

Past 30 days

$525,000

Compared to

2024

$490,950

2023

$405,000

2022

$588,750


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

0 to 19
10%
20 to 34
38%
35 to 49
17%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget