$ 599,000

117 Empress Avenue, London North

Here's the investment opportunity you've been waiting for! This fully rented 4+1 property offers immediate rental income and an outstanding location just minutes from Western University, shopping, restaurants, transit, and everyday conveniences. Currently generating approximately $45,300 in gross annual rental income, this turnkey property is ready for its next investor. Situated in the highly desirable Oxford Street East and Wharncliffe Road corridor, the property is perfectly positioned in an area with strong and consistent rental demand. The combination of location, existing rental income, and future upside makes this a compelling addition to any investment portfolio. As tenant turnover occurs, there may be an opportunity to improve rental income by adjusting rents toward current market levels, subject to applicable regulations. (id:1945)
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Property details for 117 Empress Avenue, London North

Type
Residential
Style
Bungalow
Bedrooms
5
Bathrooms
2
Lot Size
61.2 x 112 FT
Stories
1
Basement
Finished, Apartment in basement, N/A, N/A
Parking
Detached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Aluminum siding
Ownership
Freehold
Annual Taxes
$4,308 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 117 Empress Avenue

Active Listings
6
Min Price
$459,999
Max Price
$615,000
Avg Price
$528,967
Days on Market
34
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

London, Ontario

Population
385
Median Age
31.2
Median Income
$30,507
Dwelling Value
$220,069

Housing Tenure

Owners 61%
Renters 42%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 1,829.8/km²
Avg Shelter Cost: $965/mo
Owners with Mortgage: 63.6%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 42.9%
English only: 90.9%
English and French: 9.1%
Median Household Income: $53,440
Median Employment Income: $30,816

Price History

Listed
October 7, 2026
by CENTURY 21 FIRST CANADIAN CORP
Current Price
$599,000
Type
Residential
For Sale
117 Empress Avenue

Contact Agent Get in touch about 117 Empress Avenue, London North

KAMRAN KOORAKANI
KAMRAN KOORAKANI
CENTURY 21 FIRST CANADIAN CORP