24 Empire Street London East, Ontario N5Y 1G7
$498,800
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:61852)
Property Details
| MLS® Number | X12396833 |
| Property Type | Single Family |
| Community Name | East G |
| Features | Level |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 5 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 6 |
| Appliances | Water Heater |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Stone, Vinyl Siding |
| FlooringType | Tile, Laminate |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 122 Ft ,6 In |
| SizeFrontage | 35 Ft |
| SizeIrregular | 35 X 122.5 Ft |
| SizeTotalText | 35 X 122.5 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 4 | 3.86 m | 3.17 m | 3.86 m x 3.17 m |
| Second Level | Bedroom 5 | 3.1 m | 2.51 m | 3.1 m x 2.51 m |
| Basement | Bathroom | 2.3 m | 1.47 m | 2.3 m x 1.47 m |
| Basement | Media | 3.2 m | 2.1 m | 3.2 m x 2.1 m |
| Basement | Laundry Room | 3.45 m | 2.45 m | 3.45 m x 2.45 m |
| Main Level | Bedroom | 2.87 m | 2.59 m | 2.87 m x 2.59 m |
| Main Level | Bedroom 2 | 3.94 m | 2.47 m | 3.94 m x 2.47 m |
| Main Level | Bedroom 3 | 3.38 m | 2.7 m | 3.38 m x 2.7 m |
| Main Level | Kitchen | 3.57 m | 1.95 m | 3.57 m x 1.95 m |
| Main Level | Foyer | 1.89 m | 1.95 m | 1.89 m x 1.95 m |
| Main Level | Family Room | 5.61 m | 3.54 m | 5.61 m x 3.54 m |
| Main Level | Bathroom | 1.94 m | 1.49 m | 1.94 m x 1.49 m |
| Main Level | Other | 7.43 m | 0.92 m | 7.43 m x 0.92 m |
https://www.realtor.ca/real-estate/28848437/24-empire-street-london-east-east-g-east-g
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Adam Cui
Salesperson
8300 Woodbine Ave Ste 500
Markham, Ontario L3R 9Y7
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September 11 2025 06:40:49
Toronto Real Estate Board
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