$1,049,900
Est. $4,919/mo mortgage
128 Empress Avenue · London North, N6H 1N3
MLS® X13824846
Listed Sep 24, 2026
Listing courtesy of Century 21 First Canadian Corp·Updated 5 hours ago
Description
Exceptional Turnkey Investment Opportunity. Welcome to this stunning newly constructed in 2025/2026 income-generating property located in one of London's most sought-out area, just minutes from University of Western Ontario. Purpose built with Investors in mind, this premium residence offers an outstanding combination of strong cash flow, modern design, and long-term appreciation potential. Featuring approximately 2500 sq ft, with each room offering its own private 4 piece ensuite and walk in closets providing a highly desirable living arrangement crafted for comfort and style. The open concept main level showcases contemporary finishes throughout, including a stylish kitchen with sleek white cabinetry, quartz countertops, walk-in pantry and new stainless steel appliances. Built with quality craftsmanship and attention to detail, this property offers low-maintenance ownership and peace of mind. Additional features include all new electrical work with 200 AMP Panel, new plumbing, new furnace and A/C, main-floor laundry, a convenient powder room, durable luxury vinyl flooring and pot lights throughout. Currently leased until April 30, 2027, providing immediate cash flow and an attractive return from day one with an estimated 7.33% cap rate. Minutes from major transit route, shopping, restaurants and every day amenities. Strong cash flow. Premium construction. Prime location. Secure your investment today. ( Virtually staged, furniture may not represent exact photos in the listing )
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Property details
Interior
- Size
- 2500-3000 sqft
- Rooms
- 5 rooms
- Bathrooms
- 5 × 4-piece, 1 × 2-piece
- Basement
- Partially Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, 2-Storey
- Lot size
- 42 × 109 ft
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $3,520/yr (2025)
Rooms
Main
- Powder Room, 2 Pc Bath
- 1.52 × 1.52 m
- Foyer
- 4.88 × 2.13 m
- Living Room
- 3.66 × 3.2 m
- Laundry
- 0.91 × 0.91 m
- Bedroom, 4 pc ensuite, walk-in closet(s)
- 3.69 × 3.62 m
- Kitchen
- 3.96 × 3.04 m
- Bedroom, 4 pc ensuite, walk-in closet(s)
- 4.5 × 3.5 m
Upper
- Bedroom, 4 pc ensuite, walk-in closet(s)
- 4.5 × 3.62 m
- Bedroom, 4 pc ensuite, walk-in closet(s)
- 4.17 × 3.56 m
- Bedroom, 4 pc ensuite, walk-in closet(s)
- 3.69 × 3.62 m
- Den, 3 Pc Bath
- 4.02 × 3.56 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
73% confidence · 29 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon North, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly paymentest. $6,020/mo all in
Monthly payment estimate
Land transfer tax$17,473 on closing
Ontario LTT
$17,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 3 times · asking price up 91% from the first ask · sold 2% below the final ask
Listed Sep 24, 2026
Listed Jun 10, 2026
Listed Jun 20, 2025 · 1 day on market
Jun 21, 2025
1 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$500,000
39 The Ridgeway Street, London South
Sold$775,000
927 Richmond Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London North
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.9% of asking.
Avg. sold price
$744,833
Sale-to-list ratio
95.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $253,000 household income
Minimum household income required
$253,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
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Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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