Bungalow Finder logo - Mississauga, Toronto, GTA Real Estate

$580,000

117 Empress Avenue, London North

Beds
5
Baths
2
Parking
5
Sqft
1100-1500

Key Highlights

Property TypeResidential Freehold
Property Sub TypeDetached
AreaMiddlesex
CityLondon North
NeighbourhoodNorth N
Parking Spaces5
Lot Size61.16 x 112.04 ft
BasementApartmentFinished

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.

Property Details

Construction MaterialsAluminum Siding
Approximate Age51-99
MLS StatusPrice Change
MLS#X13871506
SewerSewer

Interior Features

Kitchen2
Family RoomYes
FireplaceNo
HeatingForced Air / Gas
CoolingCentral Air
Interior FeaturesOther

Exterior Features

Architectural StyleBungalow
RoofAsphalt Shingle
PoolNone
WaterfrontN/A
Exterior FeaturesN/A
Virtual TourN/A

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Room Details

Living Room

4.50 × 3.30 m(14'9" × 10'10")
Main

Kitchen

3.04 × 3.20 m(10'0" × 10'6")
Main

Bedroom

3.96 × 3.02 m(13'0" × 9'11")
Main

Bedroom 2

3.10 × 3.50 m(10'2" × 11'6")
Main

Bedroom 3

3.20 × 3.60 m(10'6" × 11'10")
Main

Bedroom 4

3.00 × 3.20 m(9'10" × 10'6")
Main

Contact Agent

Tariq Janjua

Janjua Real Estate

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