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$ 599,000
Est. payment /mo
New
117 Empress AVE London North, ON N6H 1N1
5 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 5
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
Zoning R2-2
Rooms
Basement Apartment, Finished
Kitchen 2
Interior
Interior Features Other
Cooling Central Air
Inclusions Fridge, stove, dishwasher, washer, dryer
Exterior
Parking Features Detached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Building Age 51-99
Foundation Block
Lited by CENTURY 21 FIRST CANADIAN CORP
NEARBY SCHOOLS & PROPERTIES
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