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EXP REALTY BROKERAGE
117 Empress Avenue, London, ON N6H 1N1
- $599,000
- 5
- BD
- 2
- BA
- 1,100
- SqFt
- List Price
- $599,000
- MLS#
- X13871506
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- Bungalow
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1100-1500
- Province
- ON
- Municipality
- London
- Area
- Middlesex
- Neighborhood
- North
- Subdivision
- Wharncliffe Empress Ave
Property Description
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.
Additional Information
- Taxes
- $4,308
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 2
- Exterior
- Aluminum Siding
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 5
- Parking Type
- Front Yard Parking
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Listing courtesy of CENTURY 21 FIRST CANADIAN CORP.