117 Empress Avenue,London North, ON N6H 1N1
London North, ON N6H 1N1
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.
Details
| MLS # | X13871506 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 28 |
| Listing Provided By | CENTURY 21 FIRST CANADIAN CORP | X13871506 371303 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.16 |
Interior
| Interior Features | Other |
|---|---|
| Lease To Own Equipment | None |
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Block |
| Topography | Flat |
| Construction Materials | Aluminum Siding |
| Security Features | Carbon Monoxide Detectors |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Front Yard Parking |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4308 |
|---|---|
| Tax Assessed Value | 257000 |
| Tax Legal Description | LT 58 PLAN 444(W) & PT BLK A PLAN 126(W) AS IN LC64653 LONDON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Middlesex |
| City | London North |
| Postal Code | N6H 1N1 |
| Area | North N |
| Listing VS Median (in N6H 1N1) | |
Price: $580,000 low | high Med: $0 On site: 28 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Middlesex |
| City | London North |
| Postal Code | N6H 1N1 |
| Area | North N |
| Listing VS Median (in N6H 1N1) | |
Price: $580,000 low | high Med: $0 On site: 28 low | high Med: | |
