24 Empire Street, London East, Ontario N5Y 1G7

Listed for:
$498,800
6 beds
2 baths
Listed 34 days ago
House for rent: 24 Empire Street, London East, Ontario N5Y 1G7

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Learn more about this property
Listing provided by:
BAY STREET GROUP INC.
MLS® number:
X12396833
Agent:
Adam Cui
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About

Cross Streets: Oxford St E / Highbury Ave N. ** Directions: SW. 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:27476)

Property Highlights

MLS® Number
X12396833
Type
Single Family
Community Name
East G
Ownership Type
Freehold
Land Size
35 x 122.5 FT|under 1/2 acre
Parking Space Total
2

Building

Building Type
House
Storeys
1.50
Square Footage
1100 - 1500 sqft
Bathrooms Total
2
Bedrooms Above Ground
5
Bedrooms Total
6
Exterior Finish
Stone, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom 4
Second level
3.86 m x 3.17 m
Bedroom 5
Second level
3.1 m x 2.51 m
Bathroom
Basement
2.3 m x 1.47 m
Media
Basement
3.2 m x 2.1 m
Laundry room
Basement
3.45 m x 2.45 m
Bedroom
Main level
2.87 m x 2.59 m
Bedroom 2
Main level
3.94 m x 2.47 m
Bedroom 3
Main level
3.38 m x 2.7 m
Kitchen
Main level
3.57 m x 1.95 m
Foyer
Main level
1.89 m x 1.95 m
Family room
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

Location