For SaleMultiplex · 3-StoreyMLS® #X14162860 · TRREB MLS®
305 Central Ave, London East, Ontario
East F, London East, Ontario N6B 2C9
- Bedrooms
- 7
- Lot Size
- 40 x 134 ft
- Bathrooms
- 5
- Type
- Multiplex
- Basement
- Unfinished
$1,299,999
Estimated market value
About 305 Central Ave
305 Central Ave is a 7-bedroom, 5-bathroom multiplex in East F, London East, listed for sale at an asking price of $1,299,999 (MLS® X14162860).
PRIME INVESTMENT OPPORTUNITY IN THE CORE AREA NEAR VICTORIA PARK.WELL MAINTAINED FIVE-UNIT BUILDING. STRONG INCOME POTENTIAL IN A HIGHLY DESIRABLE AREA. SITUATED MINUTES FROM SHOPPING, DINING, TRANSIT AND EVERYDAY CONVENIENCES. THE PROPERTY HAS SEEN NUMEROUS UPDATES OVER TIME, WITH SOME UPDATES AVAILABLE TO INCREASE RENT. ALL UNITS ARE SEPARATELY METERED. PRESENTLY TWO UNITS RENTED AND THREE VACANT WITH YOU ABLE TO PICK YOUR OWN TENANTS AND SET YOUR RENT. PROPERTY COMES WITH A DOUBLE-CAR GARAGE AND LOTS OF PARKING. THIS PROPERTY WOULD MAKE A GREAT ADDITION TO YOUR PORTFOLIO. CAN BE PURCHASED WITH 307 CENTRAL AVE. WHICH IS A 6-UNIT PROPERTY AND IS RIGHT NEXT DOOR.
Insights
Condition Score
Good6 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $11,571 / 2026
- MLS® number
- X14162860
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 40 x 134 ft
- Listed on
- Parking
- 2 Detached, 7 Parking
Listing history
Buy/sell history for 305 Central Ave, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $1,299,999 | — | For Sale | X14162860 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- East F
- Municipality
- London East
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 7
- Bathrooms
- 5
- Bathroom Details
- 2 × 4pc Main, 2 × 4pc 2nd, 1 × 4pc 3rd
- Basement Type
- Unfinished
- Kitchens
- 5
Parking
- Driveway
- Lane, Private
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 5
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Water
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 134 ft
- Lot Size
- 40 x 134 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- 5 STOVES, 5 FRIDGES
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $22,475
- Total land transfer tax
- $22,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $18,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,299,999
- $18,000
- Ontario total
- $22,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Woodfield French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 600 m | 77%Grade 6 average |
| St Georges Public SchoolThames Valley DSB | Public · grades JK–8 | 800 m | 86%Grade 6 average |
| St Michael Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 82%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 3.6 km | 92%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 300 m | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 750 m | 57%Grade 9 math |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.1 km | 56%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 3 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 5,360 sq ft498 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 134 ft40.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $260,000
- Total mortgage amount
- $1,039,999
- Total interest payment
- $739,301
- Total purchase cost
- $2,039,300
- Mortgage payment
- $5,931/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$6,895- Rent $0
- Shortfall $6,895
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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Sold prices in East F are shown to signed-in members.