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440 Central Avenue London Ontario, Canada

440 Central Ave.

440 Central Avenue

Units46

Floors7

Built1973

Registered as condos1986

Average MLS Selling Price 2025, 1 bedroomSample size (1) too small to report

Average MLS Selling Price 2025, 2 bedroomNo MLS sales

Average MLS Selling Price 2024, 1 bedroomNo MLS sales

Average MLS Selling Price 2024, 2 bedroomSample size (1) too small to report

Average MLS Selling Price 2023, 2 bedroom$260,600 (based on 5 MLS sales)

Average MLS Selling Price 2023, 3 bedroomSample size (1) too small to report

Average MLS Selling Price 2022, 1 bedroomSample size (1) too small to report

Average MLS Selling Price 2022, 2 bedroomSample size (1) too small to report

Average MLS Selling Price 2021, 1 bedroom$227,500 (based on 2 MLS sales)

Average MLS Selling Price 2021, 2 bedroomSample size (1) too small to report

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* Premiums for higher floors
* Premiums for some floor plans (e.g. corner units, larger floor plan, or more windows)

Amenities:

Details:

There is a good reason why this address has the word central in it! A five-minute stroll will put you in Victoria Park feeding the squirrels or taking in one of the many summer festivals there. This building is now over 50 years old and blends in well with its neighbouring properties. To the rear of this building are train tracks, the same tracks that go by several other condo buildings in this downtown area. The tennis courts at Piccadilly Park are a five minute bike ride away.

Brown brick on the main floor and recently painted upper brick in the colour of beige. A blue coloured covered side entranceway. There are medical offices on the main level and a four storey building attached to it in the eastern side. This building features a party room and a rooftop patio. There are nine units per floor on the second to sixth floor and one unit on the seventh floor. Laundry rooms are on the second and fourth levels and a locker room is located on the fifth floor. A mix of one and two bedroom units. Known one bedroom sizes are 481; 627 and 687 square feet and two bedroom units are 621; 700; 800 and 810 square feet. There are window air conditioner sleeves. One known condo fee on a one bedroom unit in 2025 was in the $430 per month range. The condo fees include things like heat, hydro, roof, doors, windows, water and exterior maintenance. In the past, this building had a number of special assessments. Assigned parking and visitors parking.

It could be said that some people do not like to live in buildings which have mixed residential/medical/commercial uses because of traffic flows into and out of the building during business hours. The additional concern some people may have about condo fees with an older building like this is that going forward, additional special assessments may also be added to the already high condo fees.

In this neighbourhood, 69% of the population is aged between 20 and 44 and only 10% are aged 65+. 18% own, 82% rent. Apartments make up 86% of the landscape with 50% of the neighbourhood built between 1961 and 1990. 47% of the adult population have university degrees and 76% of the population has English as their primary language. This is an easy access location.

Property Manager

Village 519-439-2227



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