353 Central Ave
East F, London
$999,999
Buy with Dwelly and Save $10,000
Home Details
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Listing Description
Welcome to your new investment property! 4 self-contained units await in the heart of London. Steps from Wellington and Richmond, walking distance to shopping, groceries, bars, restaurants. Close to downtown, just blocks away from the train station. Each unit is separately metered for hydro. Unit 1 features 1 bedroom on the main floor, with 2 in the basement, washer/dryer, dishwasher and 2 parking spots. Unit 2- 2 beds, washer/dryer, dishwasher. Unit 3- 1 bedroom, 1 parking spot. Unit 4- 2 beds, washer/dryer, 2 parking spots and use of backyard. Check out the detailed floor plan in attachments for a great breakdown of each unit. Each unit is heated by electric baseboards, with tenants paying hydro. Landlords pay water and gas. Asphalt shingle roof done in 2019. 3 units currently rented with unit 1 being vacant, but in the place property manager is actively looking for a new tenant or better yet, move into unit 1 and let the other 3 units pay your mortgage! This is a turn-key rental property that will add considerable value to your current holdings or make a great first investment! **EXTRAS** Rent for each unit: Unit 1- Rented for $1,950 (3 bed), Unit 2- Rented for $1,500 (2 bed), Unit 3- $544.50 (1 bed), Unit 4- $1,800 (2 bed). Current property manager in place charges 7% of monthly rent.
City: London
Neighborhood: East F
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jun 4, 2024 | 88 | $999,999 | N/A | Expired | X8400858 |
| Apr 11, 2024 | 53 | $999,999 | N/A | Terminated | X8227552 |
| Feb 27, 2024 | 44 | $1,199,900 | N/A | Terminated | X8095242 |
| Feb 5, 2024 | N/A | $749,900 | N/A | Sold | X7789835 |
| Dec 27, 2023 | N/A | $245,000 | N/A | Sold | X7595808 |
| Nov 13, 2023 | N/A | $279,000 | N/A | Sold | X7910215 |
| Oct 25, 2023 | N/A | $259,900 | N/A | Sold | X7909459 |
| Sep 7, 2023 | N/A | $269,500 | N/A | Sold | X7471617 |
| Mar 19, 2023 | N/A | $279,000 | N/A | Sold | X7910209 |
| Mar 5, 2023 | N/A | $245,000 | N/A | Sold | X7909307 |
| Mar 25, 2021 | 9 | $749,900 | $750,000 | Sold | X7789896 |
Rooms
Room dimensions for 353 Central Ave, London
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 353 Central Ave is 5423
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $999999 |
| Down Payment | $200000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $799999 |
Monthly Payment
| Mortgage Payment | $4930 |
| Property Taxes | $493 |
| Maintenance Fees | $0 |
| Monthly Payment | $5423 |
About 353 Central Ave, London
Located at 353 Central Ave , this London house is available for sale. This property was listed for $999,999 on Fri Feb 14 2025. This house's size is 3000-3500 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 353 Central Ave, London is situated in the East F neighbourhood.
MLS#: X9295385 · $999,999 · 6 bedroom house in East F, London