24 Empire Street

- $498,800

East G, London, N5Y1G7
MLS ® X12597686

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:38551)

Features

  • Level

Location

Details

24 Empire Street, East G, , London

  • Land

    35 x 122.5 FT|under 1/2 acre

    35 x 122.5 FT
  • Bedrooms

    Above Grade: 5 Below Grade: 1

    6
  • Bathrooms
    2
  • Parking

    No Garage

    2

Rooms

24 Empire Street, East G, , London

  • 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