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Additional details
$ 599,000
Est. payment /mo
New
117 Empress AVE London North, ON N6H 1N1
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision North N
MLS Listing ID X13871506
Style Bungalow
Bedrooms 4
Annual Tax Amount $4,308
Tax Year 2025
Property Sub-Type Detached
Property Description
Here's the investment opportunity you've been waiting for! This fully rented 4+1 property offers immediate rental income and an outstanding location just minutes from Western University, shopping, restaurants, transit, and everyday conveniences. Currently generating approximately $45,300 in gross annual rental income, this turnkey property is ready for its next investor. Situated in the highly desirable Oxford Street East and Wharncliffe Road corridor, the property is perfectly positioned in an area with strong and consistent rental demand. The combination of location, existing rental income, and future upside makes this a compelling addition to any investment portfolio. As tenant turnover occurs, there may be an opportunity to improve rental income by adjusting rents toward current market levels, subject to applicable regulations.
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room Yes
Basement Apartment, Finished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 61.16
Lot Depth 112.04
Total Parking Spaces 5
Building
Building Age 51-99
Foundation Block
Others
Security Features Carbon Monoxide Detectors
ParcelsYN No
Listed by CENTURY 21 FIRST CANADIAN CORP