$498,800
24 Empire Street, London East, ON N5Y 1G7
East G, London East,
Properties with this icon are courtesy of
TRREB.
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.
- HoldoverDays: 90
- Architectural Style: 1 1/2 Storey
- Property Type: Residential Freehold
- Property Sub Type: Detached
- DirectionFaces: East
- GarageType: None
- Directions: SW
- Tax Year: 2024
- Parking Features: Private, Private Double
- ParkingSpaces: 2
- Parking Total: 2
- WashroomsType1: 1
- WashroomsType1Level: Main
- WashroomsType2: 1
- WashroomsType2Level: Basement
- BedroomsAboveGrade: 5
- BedroomsBelowGrade: 1
- Interior Features: Primary Bedroom - Main Floor, Storage, Water Heater Owned
- Basement: Finished, Full
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- LaundryLevel: Lower Level
- ConstructionMaterials: Stone, Vinyl Siding
- Roof: Shingles
- Pool Features: None
- Sewer: Sewer
- Foundation Details: Unknown
- Topography: Level
- Parcel Number: 082870086
- LotSizeUnits: Feet
- LotDepth: 122.5
- LotWidth: 35
School Name | Type | Grades | Catchment | Distance |
---|---|---|---|---|
{{ item.school_type }} | {{ item.school_grades }} | {{ item.is_catchment? 'In Catchment': '' }} | {{ item.distance }} |