302 CENTRAL AVENUE
London and St. Thomas · N6B2C8
$899,900
About this residence
Welcome to this 5 unit downtown building located on Central street right in the middle of everything. Just steps to Victoria park, Richmond Row, shops, restaurants, bars, schools and everything Downtown London has to offer. Short 5-10 minute walk to city hall, centennial hall, Canada Life building, transit hubs and bus stops Western University and Fanshawe College. This large building offers a great split of units with 3 -1 bedroom units and 2 - 2 bedroom units and up to 8 parking spots downtown. Hardwood floors throughout most of the spaces, beautiful original moldings , high ceilings, large windows that shower the spacious rooms with tons of sunlight. With a large lot downtown at 44 feet wide by 144 feet deep, each unit has either a outside deck area or patio space. Two 1 bedroom units are leased month to month at $850 and $950 with lots of room of upside on turn over, 3 units have been left vacant for the new owner to decide how to proceed with the building. This type of opportunity rarely becomes available with the building with this square footage and in this location. This building can become something extremely special. The right buyer here can turn this building into something extremely special and a life changing investment. Call now to see how this could be the premiere property in your portfolio, or an incredible home downtown. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Other
- Bedrooms
- 7 (7 above)
- Bathrooms
- 6
- Storeys
- 2
- Lot size
- 48 x 144 FT
- Frontage
- 48 feet
- Parking
- 6 spaces
- Fireplace
- Yes
- Annual tax
- $12,657
- MLS®
- X12497200
- Board
- London and St. Thomas
- Status
- Inactive
- Listed
- Oct 31, 2025
- Updated
- Apr 23, 2026
Features & finishes
Appliances
- Water meter
Heating
- Forced air
- Natural gas
Cooling
- Wall unit
Basement
- Unfinished
- Separate entrance
Exterior
- Brick
Foundation
- Block
Parking
- No Garage
Lot
- In-Law Suite
- Guest Suite
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$4,209/mo
Loan amount
$719,920
Down payment
$179,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N6B- 11,101
- Population
- 38
- Median age
- $49,200
- Median income
- $360,000
- Median home value
- 23%
- Home ownership
- 23 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 302 CENTRAL AVENUE?
302 CENTRAL AVENUE is listed for $899,900, in London and St. Thomas.
How many bedrooms and bathrooms does 302 CENTRAL AVENUE have?
It offers 7 bedrooms and 6 bathrooms.
What type of home is 302 CENTRAL AVENUE?
302 CENTRAL AVENUE is a Multi-family, Other set over 2 storeys.
How large is 302 CENTRAL AVENUE?
The home offers a lot measuring 48 x 144 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,209. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $12,657 per year.
Is there parking?
Yes — 302 CENTRAL AVENUE includes 6 parking spaces.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 11,101, a median age of 38, a 23% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $360,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $49,200.
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Comparable Other near London and St. Thomas at a similar price.
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