Exceptional investment opportunity in the core area near victoria park. SIX Units all together between two buildings and made up of one bedroom and two bedroom apartments. Featuring newer windows and historic charm with practical updates. THE Main building is made up of four units with huge potential to expand into an oversized attic. THE Second building at the back of the property off of a back lane features two large two-bedroom apartments. THE Property has tons of parking available. ALL Units are separately metered with gas and electric heating. THE Property is situated minutes from shopping, dining, transit and everyday conveniences. Potential gross income exceeding $100,000 make this a high performing asset and can be purchased with 305 central ave. Which is right next door.
8 bedrooms, 4 bathrooms, about 3,500 sq ft, works out to roughly $486 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 307 Central Ave
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
7 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
7
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
307 Central Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14163164$1,699,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 307 Central Ave Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,352
/mo
based on the purchase price of $1,699,999
$340,000 cash
$1,359,999 financed
$1,145,476 total interest
Principal54%$1,359,999
Interest46%$1,145,476
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 8–22 bed homes for sale in London around $1.7M.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,412Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with May 14 – Aug 12, 2026: prices down.
Based on 1,724 sales from Aug 12 – Nov 10, 2026 (1,546 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 307 Central Ave
How much is 307 Central Ave listed for?
307 Central Ave is listed at $1,699,999 (MLS® X14163164). Summitly updates the price as soon as the MLS® record changes.
Is $1,699,999 a good price for 307 Central Ave?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 307 Central Ave changed?
No — 307 Central Ave is still listed at its original asking price of $1,699,999.
How many bedrooms and bathrooms does 307 Central Ave have?
307 Central Ave has 8 bedrooms and 4 bathrooms, with about 3,500–5,000 square feet of living space. It is a multiplex in London.
How much would the monthly mortgage be on 307 Central Ave?
About $8,352 a month — principal and interest on $1,699,999 with 20% down ($340,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 307 Central Ave compare with other homes in London?
Its asking price of $1,699,999 is about 206% above the median sold price in London over the last 90 days, $555,500, across 1,724 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 307 Central Ave been sold before?
Summitly has no earlier MLS® sale or lease of 307 Central Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 307 Central Ave?
307 Central Ave is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 307 Central Ave been on the market?
1 day — 307 Central Ave was listed on November 9, 2026.
What is the price per square foot of 307 Central Ave?
About $340 to $486 per square foot: the asking price of $1,699,999 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 307 Central Ave have parking or a garage?
Yes — the listing gives 7 parking spaces.
Does 307 Central Ave have a basement, and is it finished?
The listing describes the basement as: Unfinished.
