Apartment buildings for sale in London

305 Central Avenue, London East

Units not stated
Listed by ONE PERCENT REALTY LTD.
Updated May 28, 2026
$1,299,999
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Details from the listing

Property taxes$11,232 (2025)
Lot size40 × 133.5 ft
Total area0.123 acres
OccupancyTenant
HeatWater Radiators

From the listing

Exceptional investment opportunity in the heart of downtown London! This well-maintained 5-plex offers a strong 4.6% cap rate with excellent income potential exceeding $86,000 annually. Pride of ownership is evident throughout, as the property has been meticulously cared for with numerous updates completed over the years, providing peace of mind for investors seeking a low-maintenance addition to their portfolio. The property features on-site tenant parking, a highly desirable amenity in the downtown core, and attracts quality long-term tenants with its unbeatable location. Situated within walking distance to Victoria Park, restaurants, shopping, entertainment, transit, and major downtown amenities. Conveniently close to St. Joseph's Health Care London, Western University, and nearby schools, making it an ideal property for consistent rental demand. A rare multi-family opportunity in one of London's most sought-after rental locations - perfect for both seasoned investors and those looking to expand their real estate portfolio.

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Listings refreshed October 1, 2026 at 12:25 a.m. ET