24 EMPIRE STREET new

London East (east G),ON N5Y1G7

$ 498800

6 Beds

2 Baths

1100 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $453

Subdivision East G

MLS Listing ID X12396833

Bedrooms 6

Property Sub-Type Freehold

Property Description

Discover a prime investment opportunity in the heart of London East! Welcome to 24 Empire St, a detached home located on a quiet dead-end street in a safe and friendly community. | This property offers space, versatility, and excellent rental potential, making it ideal for investors, students, and families alike. | Inside, you will find 5 spacious bedrooms, plus another room that can easily be converted into a 6th bedroom if needed. | The layout is practical and flexible, giving tenants plenty of privacy and comfort. | With schools, shopping, local markets, and public transit all within walking distance, this home offers unbeatable convenience. Fanshawe College is just a short walk away, while Western University and London International Airport are only a quick 10-minute drive perfect for both local and international students. | This area is surrounded by a strong rental market with consistent demand from students and young professionals, making tenants easy to find. The dwelling's potential yearly gross income ranges from $33,600 to $38,400, delivering a solid return on investment. Plus, with property taxes under $2,700, your cash flow stays strong. | The home has also received some great recent updates, including the second floor (2025), basement ceiling (2025), a backyard deck (2024), and a main door lock (2024). These upgrades mean less work and more peace of mind for the next owner. | Step outside and you will love the private cul-de-sac setting. It is quiet, safe, and perfect for tenants who want a peaceful place to live while still being close to everything the city has to offer. | Whether you are looking to add a reliable income property to your portfolio or searching for a home that offers space and opportunity, 24 Empire St is a smart choice. With its prime location, strong rental potential, low taxes, and recent updates, this house checks all the boxes. Do not miss out on this chance to secure a high-ROI property in one of London's most convenient spots. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Tile,Laminate

Exterior

Parking Features No

View Y/N No

Building

Story 1.5

Sewer Sanitary sewer

Others

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