98 Central Ave
East F, London East, Ontario N6A 1M4
- Bedrooms
- 5
- Bathrooms
- 4
- Size
- 3,000–3,500sq ft
- Per sq ft
- $292at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $11,1152025 tax year
- Built
- 100+
- Parking
- 4none
- Days on market
- Members
The brief
About 98 Central Ave
98 Central Ave is a 5-bedroom, 4-bathroom detached house in East F, London East, listed for sale at an asking price of $949,900 (MLS® X13691224).
AN EXCEPTIONAL OPPORTUNITY TO OWN A BEAUTIFULLY RESTORED LUXURY VICTORIAN HOME IN THE HEART OF DOWNTOWN, WITHIN STEPS OF THE THAMES VALLEY PARKWAY, HARRIS PARK, THE THAMES RIVER AND VIBRANT RICHMOND ROW! WITH PROVEN INCOME OF 56,400 YEARLY AND POTENTIAL OF AN ADDITIONAL 11,000. FROM LOWER, THIS TURNKEY INVESTMENT INCLUDES TWO APARTMENTS, ONE TWO BDRM, AND ONE 3 BDRM, WITH A POTENTIAL BACHELOR IN THE LOWER LEVEL. A UNIQUE BLEND OF HISTORIC CHARM AND MODERN UPGRADES WHERE IT COUNTS MOST. MAIN FLOOR 2 BDRM UNIT INCLUDES A GENEROUS FAMILY ROOM WITH TONS OF GLASS FOR NATURAL LIGHT AND ACCESS TO THE PRIVATE REAR YARD. AN UPDATED EAT IN KITCHEN WITH GRANITE COUNTERS, GENEROUS ISLAND, MODERN LIGHT WOOD CABINETRY. 3 BDRM UNIT (2ND AND 3RD FLOORS) INCLUDES A LARGE LIVING, DINING COMBINATION WITH 3 WALLS OF GLASS, WHITE GALLEY KITCHEN WITH WHITE CABINETRY AND STAINLESS APPLIANCES, ACCESS TO A PRIVATE 2ND FLOOR DECK, 2 BEDROOMS AND BATH. THIRD LEVEL OFFERS A MASTER RETREAT INCLUDING AN ENSUITE, WALKIN CLOSET AND LAUNDRY CLOSET. THE LOWER LEVEL HAS EXTERIOR ACCESS TO AN OPEN CONCEPT BACHELOR AREA, KITCHEN AND BATH, AND LAUNDRY FACILITIES. WHETHER YOU ARE SEEKING A LUXURY LIVE IN SITUATION WHILE ENJOYING THE BENEFIT OF RENTAL INCOME, OR A FULLY TENANTED INVESTMENT OPPORTUNITY, THIS PROPERTY DELIVERS A PROVEN TRACK RECORD WITH CONSISTENT RETURNS. OPPORTUNITY KNOCKS ON THIS UNQUE INVESTMENT IN A TERRIFIC LOCATION!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall17/100−$2,260/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 detached homes with 5 bedrooms for lease in London East right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $11,115 / 2025
- MLS® number
- X13691224
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 50 x 90 ft
- Listed on
- Parking
- None, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 3-Storey
- Community
- East F
- Municipality
- London East
Building
- Size
- 3000-3500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 4
- Bathroom Details
- 1 × 3pc Ground, 1 × 3pc 2nd, 1 × 4pc 3rd, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 2
Parking
- Driveway
- Front Yard
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Heat Pump
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 90 ft
- Lot Size
- 50 x 90 ft
Additional
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.51 × 4.36 m | — | Main |
| Family | 7.44 × 4.33 m | — | Main |
| 2nd Br | 3.31 × 3.92 m | — | Main |
| Primary | 5.25 × 4.57 m | — | Main |
| Kitchen | 3.01 × 4.55 m | — | 2nd |
| Dining | 3.47 × 3.48 m | — | 2nd |
| Living | 2.91 × 4.68 m | — | 2nd |
| 2nd Br | 4.23 × 4.63 m | — | 2nd |
| 3rd Br | 4.21 × 3.56 m | — | 2nd |
| Primary | 5.68 × 6.96 m | — | 3rd |
| Other | 4.21 × 3.44 m | — | 3rd |
| Primary | 4.59 × 5.57 m | — | Bsmt |
| Kitchen | 3.23 × 2.0 m | — | Bsmt |
| Utility | 7.92 × 4.57 m | — | Bsmt |
Listing history
Buy/sell history for 98 Central Ave, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $949,900 | N/A | For Sale | X13691224 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
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
- $189,980
- Total mortgage amount
- $759,920
- Total interest payment
- $540,280
- Total purchase cost
- $1,490,180
- Mortgage payment
- $4,334/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
62%Monthly carrying cost
$5,260- Rent $3,000
- Shortfall $2,260
Rental income opens at $3,000, the median asking rent of 7 comparable homes for lease in London East. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $15,473
- Total land transfer tax
- $15,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $11,473
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 $949,900
- $10,998
- Ontario total
- $15,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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 Kassaundra Dobson, Broker of Record for a full comparative market analysis.
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.
The land
Lot
- Lot area
- 4,500 sq ft418 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 90 ft27.4 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 GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m8 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (98 records). It changes with the season and from spot to spot.500 m
- Bedrock about 32.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 8.7 km8.7 km
Province of Ontario open data
Around the home2
- Nearest rail line: 480 m480 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is London District Energy, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in East F right now
- For sale now
- 15
- Median asking price
- $550K
- New in 7 days
- 0
- Price cuts
- 20%
Middle half: $494K to $660K
3 in 28 days
3 listings
This home is asking 73% above the median, higher than three quarters of them.
See all homes in East FAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Jeanne-Sauvé Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 650 m | 82%Grade 6 average |
| St Georges Public SchoolThames Valley DSB | Public · grades JK–8 | 1.2 km | 86%Grade 6 average |
| St Michael Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.9 km | 82%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 3.5 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 900 m | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.3 km | 57%Grade 9 math |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.7 km | 56%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 3.5 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.
The verdict
Similar Active Listings
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Sold prices in East F are shown to signed-in members.