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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 118 days

    98 Central Avenue

    East F·London East, ON·N6A 1M4·Near Talbot & Central Ave

    • 5 beds
    London East real estate›X12829198
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Luxury Victorian Home with Proven Income - Live in Style & Earn with Confidence! An exceptional opportunity to own a beautifully restored century home in one of London's most desirable neighbourhoods just northwest of Downtown. This is fully set up as three self-contained units with separate entrances, meters, and wiring. A rare blend of historic charm, modern upgrades, and strong, established income. All three units are currently rented and generating $5,700 per month ($68,400 annually): Upper Unit: $2,700/mo + Main Floor: $2,000/mo + Lower Level: $1,000/mo.. This solid revenue stream provides an excellent market cap rate and immediate cash flow from day one. Main Floor Unit: Two generous bedrooms, sun-filled living room and a spacious, updated kitchen with centre island. 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 continued rental income. Live in one unit and rent the others, continue operating as a high-performing multi-unit investment, or explore conversion to a legal triplex (minor variance may be required). The property has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue. Set in a vibrant neighbourhood known for boutique shops, cafes, and restaurants along Richmond Row and within walking distance to Harris Park, the Thames River, Central Secondary School & Catholic Central High with Western University a short bus ride away. Victorian streetscape, walkability, and community spirit complete the lifestyle picture. Whether you're seeking a luxury live-in investment or a fully tenanted income property in a high-demand area, this property delivers both character and consistent returns. Book your private tour today - opportunities with this level of income and location are rare.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Feb 27, 2026ListedCurrentFor sale$969,900 —X12829198This page
    Dec 1, 2025SoldSold$2,000−$100 (4.8%)X12384970View
    Sep 5, 2025Previously listedLsd$2,100 —X12384970View
    Jul 10, 2025Previously listedTer$989,900 —X12280616View
    Apr 26, 2025Previously listedTer$989,900 —X12106500View
    Mar 12, 2025Previously listedTer$1,179,000 —X12018072View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Heat Pump
      Air conditioning
      Wall Unit(s)
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 98 Central Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Cul de Sac/Dead End
    • Fenced Yard
    • Park
    • Place Of Worship
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,765
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $926
    1.15% mill rate · ON
    The market

    How this home sits in the London East market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London East market right now

    Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.

    • Avg sold price
      $462,753
      Last 30 days
    • Median sold price
      $460,000
      Middle of the market
    • Days on market
      32 d
      Avg from list to close
    • Closed last 30d
      409
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 98 Central Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 98 Central Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 98 Central Avenue listed for?

      98 Central Avenue is listed at $969,900 on the MLS® (listing X12829198). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 98 Central Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 4 baths
  2. 2500-3000 sqft
  3. Detached
  4. Built 100+
  5. Asking
    $969,900
    $0 / sqft · MLS® X12829198
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $629,344
    $578,997Confidence range$679,692
    Asking vs estimate
    ↑↑well-above
    +$340,556
    (+54.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London East sell in about 32 days — this one has been listed 118 days.

    Avg sold price
    $462,753
    Median sold
    $460,000
    Avg days on market
    32
    Recently sold
    409
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Luxury Victorian Home with Proven Income - Live in Style & Earn with Confidence!
    • Main Floor Unit: Two generous bedrooms, sun-filled living room and a spacious, updated kitchen with centre island.
    • Upper Unit (2nd & 3rd floors): A bright and contemporary three-bedroom suite with its own private, oversized deck.
    • The property has been lovingly maintained and thoughtfully updated to maximize both comfort and revenue.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    Private, Front Yard Parking, Private Double
  8. Interior

    4
    Basement
    Apartment, Separate Entrance
    Family room
    Y
    Kitchens
    2
    Total rooms
    10
  9. Exterior & construction

    4
    Exterior
    Brick, Stone
    Roof
    Asphalt Shingle
    Foundation
    Stone
    Pool
    None
  10. Lot & land

    2
    Year built
    100+
    Zoning
    R3-1 OC
  11. Listing & possession

    3
    Possession
    2026-04-01T00:00:00.000-00:00
    Property style
    2 1/2 Storey
    Property class
    Detached
  12. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Kitchen
      Centre Island
      16.0 × 13.8 ft
    • Living Room
      b/i bookcase · window floor to ceiling
      24.1 × 14.2 ft
    • Foyer
      9.3 × 13.5 ft
    • Bedroom 2
      11.3 × 10.3 ft
    • Primary Bedroom
      Fireplace
      17.2 × 15.9 ft

    Second level

    4 rooms
    • Bedroom 3
      W/O To Deck
      11.7 × 13.7 ft
    • Living Room
      Combined w/Dining
      16.5 × 21.7 ft
    • Bedroom 4
      15.4 × 14.3 ft
    • Kitchen
      14.5 × 9.7 ft

    Third level

    1 room
    • Primary Bedroom
      4 pc ensuite · walk-in closet(s) · combined w/laundry
      21.9 × 19.6 ft

    Basement level

    2 rooms
    • Kitchen
      10.2 × 6.6 ft
    • Bedroom
      Combined w/Living
      15.0 × 18.4 ft
  13. School Bus Route
  14. School
  15. Combined estimate
    $5,691
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,765
    /mo
    based on the purchase price of $969,900
    $193,980 cash
    $775,920 financed
    $653,528 total interest
    Monthly payment$4,765/ month
    Principal54%$775,920
    Interest46%$653,528

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in London East

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 439 Regent Street
      Sold
      Sign in for price
      439 Regent Street
      Detached
    • 524 Simcoe Street
      Sold
      Sign in for price
      524 Simcoe Street
      Detached
    • 1668 Hamilton Road
      Sold
      Sign in for price
      1668 Hamilton Road
      Detached
    • 228 South Street
      Sold
      Sign in for price
      228 South Street
      Detached
    • 401 Salisbury Street
      Sold
      Sign in for price
      401 Salisbury Street
      Detached
    • 16 Arthur Street
      Sold
      Sign in for price
      16 Arthur Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    98 Central AvenueThis home5 / 425,003,000$969,900ask———
    439 Regent Street5 / 52,500—
    524 Simcoe Street5 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in London East

    Active listings within ±20% of this asking price.

    • 60 Edgevalley Road
      $939,900
      60 Edgevalley Road
      Detached 4 4
    • 303 Pall Mall Street
      $825,000
      303 Pall Mall Street
      Detached 5 2
    • 931 Waterloo Street
      $999,900
      931 Waterloo Street
      Detached 4 3
    • 1573 Dylan Street
      $799,000
      1573 Dylan Street
      Detached 4 4
    • 1141 Crosscreek Crescent
      $819,900
      1141 Crosscreek Crescent
      Detached 4 3
    • 2825 Asima Drive
      $839,900
      2825 Asima Drive
      Detached 4 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of FOREST HILL REAL ESTATE INC. · displayed on Summitly per MLS® data-share rules

    98 Central Avenue is a 5-bedroom, 4-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 98 Central Avenue built?

    98 Central Avenue was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for 98 Central Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 98 Central Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 98 Central Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $969,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 98 Central Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 98 Central Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 98 Central Avenue in?

    98 Central Avenue is in East F, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.

  25. Is London East a good place to live?

    London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 1668 Hamilton Road
    4 / 2
    700
    —
    228 South Street5 / 21,500—
    401 Salisbury Street4 / 21,100—
    16 Arthur Street4 / 31,500—