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Royal LePage
Royal LePage
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$498,800

5+1 Beds

2 Baths

1100 - 1500 FEETSQ

QuickQuoteTM: $468K - $627K

Open House

  • Sun Dec. 07 2:00 PM - 4:00 PM

London East ON, N5Y 1G7

MLS® # X12597686

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stone, Vinyl siding
  • Floor Space: 1100 - 1500 sqft
  • Flooring Type: Tile, Laminate
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5+1
  • Bathrooms: 2
  • Features: Level
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 122.5 Feet
  • Lot Frontage: 35.0 Feet
  • Lot Size: 35 x 122.5 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • 4th Bedroom 2nd Level 3.86 m x 3.17 m
  • 5th Bedroom 2nd Level 3.10 m x 2.51 m
  • Bathroom Basement Level 2.30 m x 1.47 m
  • Media Room Basement Level 3.20 m x 2.10 m
  • Laundry Basement Level 3.45 m x 2.45 m
  • Bedroom Main Level 2.87 m x 2.59 m
  • 2nd Bedroom Main Level 3.94 m x 2.47 m
  • 3rd Bedroom Main Level 3.38 m x 2.70 m
  • Kitchen Main Level 3.57 m x 1.95 m
  • Foyer Main Level 1.89 m x 1.95 m
  • Family Main Level 5.61 m x 3.54 m
  • Bathroom Main Level 1.94 m x 1.49 m
  • Other Main Level 7.43 m x 0.92 m

Convert Measurement to:


Courtesy of: BAY STREET GROUP INC.

REALTOR.ca  

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Location of 24 EMPIRE STREET, London East, Ontario, N5Y 1G7

Demographic Information of 24 EMPIRE STREET, London East, Ontario, N5Y 1G7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$71,056.53

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.31 %

High school certificate or equivalent

28.92 %

Apprenticeship trade certificate/diploma

6.26 %

College/non-university certificate

25.05 %

University certificate (below bachelor)

0.88 %

University Degree

19.57 %

Commuter

Travel To Work

By Car

74.57 %

By Public Transit

19.68 %

By Walking

4.48 %

By Bicycle

0.0 %

By Other Methods

1.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.82 %

Houses

49.18 %

Own Vs. Rent

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