307 Central Ave

About this Property

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.

Listing Details

MLS #

X14163164

Board

PROPTX

Market

ontario

Property Type

Multiplex

Style

2-Storey

Garage

None

Parking Spaces

7

Basement

Unfinished

Heating

Baseboard

Cooling

None

Pool

None

Lot Size

52 × 133.5 ft

Annual Taxes

$7,254/yr

Listed By

SUTTON GROUP - SELECT REALTY INC.

Listed On

November 9, 2026

Features & Extras