353 Central Ave

London | East F | N6B 2E3
  • 6 + 2
  • 4
  • 0

$999,999

Est. Mtg $3,390 /mo
  • Days on market

    124

  • Status

    Exp

Listing Broker RIGHT AT HOME REALTY
Since listed: 3 views

Home details

MLS #:

X8400858

Property type:
Detached
Style:
3-Storey
Taxes:
$5,916
Possession:
Immediate/Flex
Lot Front:
34.12   Feet
Lot Depth:
132.58   Feet
Basement:
Finished | Part Bsmt
Driveway Pkg:
4
Heat:
Electric | Baseboard

Description


353 Central Ave, , London, Ontario is a Detached property in London and in the East F community in the N6B 2E3 postal code


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. 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 in the past for $2,050 (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..


History

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List Date End Date List Price End Price Status MLS #
2021-03 2024-02 $749,900 $750,000 Sld X7789896
2021-10 2021-12 $1,368,000 $1,150,000 Sld X5406463
2024-02 2024-04 $1,199,900 $1,199,900 Ter X8095242
2024-04 2024-06 $1,099,000 $999,999 Ter X8227552
2024-06 2024-09 $999,999 $999,999 Exp X8400858
2024-09 2024-09 $999,999 $999,999 New X9295385
2024-01 $274,900 $269,500 X7471617
2024-02 $279,000 $279,000 X7910209
2024-02 $749,900 $749,900 X7789835
2024-02 $279,000 $279,000 X7910215
2024-02 $245,000 $245,000 X7909307
2024-02 $259,900 $259,900 X7909459

Comparables

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sold Date Address List Price sold Price DOM
2021-04 353 Central Ave, $749,900 $750,000 9
2007-02 336 Piccadilly St, $648,000 $620,000 63
1999-08 406 Princess Ave, $189,900 $180,000 104

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

London :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 353 Central Ave

Based on available 3rd party data

$4018

Approximate costs per month

Mortgage
$3390 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$492 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$3883 monthly. In association with: TD Bank
%
  • Principal and Interest
    3390 /mo
  • Property Taxes
    $492 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Luis Serrano, Realtor

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