Luxury Victorian Home with Income Potential - Live in Style & Earn with Ease! An exceptional opportunity to own a beautifully restored century home in one of London's most desirable neighbourhoods just northwest of Downtown. While not currently a legal triplex, this property is fully set up as one with separate entrances, meters, and wiring for three self-contained units. It's a rare blend of historic charm, modern upgrades, and smart income potential. Live in one unit and rent the others or convert it into a legal duplex or triplex (minor variance may be required). Currently owner-occupied, the home has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Main Floor Unit: Two generous bedrooms, sun-filled living room, and a spacious, updated kitchen with centre island perfect for owner occupancy. Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck. Lower Level Suite: A charming bachelor unit with separate entrance ideal for rental income, guests, or multi-generational living. Set in a vibrant neighbourhood known for boutique shops, cafés, and restaurants along Richmond Row, and within walking distance of Harris Park, the Thames River, and top-ranked high schools (Central & Catholic Central) and Western University. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you're looking for a luxury live-in investment or a multi-unit opportunity in a high-demand area, this property delivers. Book your private tour today... opportunities like this are rare.
Address
98 Central Avenue
List Price
$989,900
MLS® Status
New
Expiration Date
2026-03-10
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2 1/2 Storey
Transaction Type
For Sale
Area
London East
Sub-Area
East F
Region
Middlesex
Bedrooms
5 + 1
Bedrooms (Total)
6
Rooms Above Grade
10
Rooms Below Grade
2
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
90
Lot Size Units
Feet
Lot Width
50
Parcel Number
082610039
Occupant Type
Owner+Tenant
Cross Street
Talbot & Central Ave
Approx. Age
100+ Years
MLS® Number
X12280616
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Basement Area
Apartment, Separate Entrance
Postal Code
N6A 1M4
Parking
Private, Front Yard Parking, Private Double
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$10,430.00
Tax Year
2024
Exterior Features
Deck, Porch
Interior Features
Accessory Apartment, In-Law Suite, Separate Heating Controls, Primary Bedroom - Main Floor, Separate Hydro Meter, On Demand Water Heater
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Source
Gas
Heat Type
Heat Pump
Cooling Features
Wall Unit(s)
Construction Materials
Brick, Stone
Direction Faces
North
Fireplace
Yes
Fireplace Features
Family Room, Freestanding
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 13 PLAN 166(W) LONDON
Waterfront
No
Sewer
Sewer
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