London East N5Y 1G7 Ontario
MLS: X12396833
Added 2 hours ago | For Sale
Listed by: BAY STREET GROUP INC.
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.
Level | Type | Features | Dimensions |
---|---|---|---|
Main | Bedroom | Double Closet, Ceiling Fan(s), East View | 9 ft, 5 in x 8 ft, 6 in |
Bedroom 2 | Closet, Laminate, South View | 12 ft, 11 in x 8 ft, 1 in | |
Bedroom 3 | Closet, Ceiling Fan(s), North View | 11 ft, 1 in x 8 ft, 10 in | |
Kitchen | Open Concept, Double Sink, Combined w/Dining | 11 ft, 9 in x 6 ft, 5 in | |
Foyer | 6 ft, 2 in x 6 ft, 5 in | ||
Family Room | Open Concept, Ceiling Fan(s), West View | 18 ft, 5 in x 11 ft, 7 in | |
Bathroom | 3 Pc Bath, Separate Shower, Laminate | 6 ft, 4 in x 4 ft, 11 in | |
Other | Laminate, Walk-Out, Open Concept | 24 ft, 5 in x 3 ft | |
Second | Bedroom 4 | Closet, Ceiling Fan(s), South View | 12 ft, 8 in x 10 ft, 5 in |
Bedroom 5 | Closet, Ceiling Fan(s), North View | 10 ft, 2 in x 8 ft, 3 in | |
Basement | Bathroom | 3 Pc Bath, Hot Tub, Tile Floor | 7 ft, 7 in x 4 ft, 10 in |
Media Room | Above Grade Window, North View, Laminate | 10 ft, 6 in x 6 ft, 11 in | |
Laundry | Laundry Sink | 11 ft, 4 in x 8 ft | |
Furnace Room | 22 ft, 3 in x 7 ft, 10 in |
No property rooms available.