24 Empire Street, London East

$498,800

6 Beds
2 Baths
1100-1500 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #X12597686
Price$498,800
Bedrooms6
Bathrooms2.00
Square Footage1100-1500
Acres0.00
TypeResidential Freehold
Sub-TypeDetached
Style1 1/2 Storey
StatusActive
Community Information
Address24 Empire Street
AreaMiddlesex
SubdivisionEast G
CityLondon East
ProvinceON
Postal CodeN5Y 1G7
Amenities
Parking Spaces2
GaragesNone
PoolNone
Interior
HeatingForced Air
CoolingCentral Air
BasementFinished, Full
Exterior
ExteriorStone, Vinyl Siding
Listing Details
OfficeBAY STREET GROUP INC.
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