117 Empress Avenue London North, Ontario N6H 1N1

5 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Bungalow Central Air Conditioning Forced Air

$599,000

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. (id:28006)

Property Details

MLS® Number X13871506
Property Type Single Family
Community Name North N
Equipment Type None
Features Flat Site
Parking Space Total 5
Rental Equipment Type None

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Age 51 To 99 Years
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Development Finished
Basement Features Apartment In Basement
Basement Type N/a, N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 112 Ft
Size Frontage 61 Ft ,2 In
Size Irregular 61.2 X 112 Ft
Size Total Text 61.2 X 112 Ft|under 1/2 Acre
Zoning Description R2-2

Rooms

Level Type Dimensions
Main Level Living Room 4.5 m x 3.3 m
Main Level Kitchen 3.04 m x 3.2 m
Main Level Bedroom 3.96 m x 3.02 m
Main Level Bedroom 2 3.1 m x 3.5 m
Main Level Bedroom 3 3.2 m x 3.6 m
Main Level Bedroom 4 3 m x 3.2 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30374923/117-empress-avenue-london-north-north-n-north-n

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