5 Beds 2 Bath

24 Empire Street, London East, ON N5Y 1G7

London East N5Y 1G7 Ontario

MLS: X12396833

$498,800

Added 2 hours ago | For Sale

Listed by: BAY STREET GROUP INC.

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 35 X 122.5
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Oxford St E / Highbury Ave N
  • Basement:Finished,Full , Finished,Full
  • Possession Date:
  • Annual Property taxes: $2769
  • Bedrooms:5 +1
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12396833

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.

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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