128 Empress Avenue · London, N6H 1N3
MLS® X13824846
Listed Sep 24, 2026
Listing courtesy of Century 21 First Canadian Corp·Listing last changed Oct 20
Key facts
- Property type
- Detached
- Square footage
- 2,500-3,000 sqft
- Lot size
- 42 × 109 ft
- Parking
- 3 spaces
- Property tax
- $3,520/yr (2025)
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 )
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Interior
- Size
- 2,500-3,000 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
Estimated value range
$997K to $1.1M
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Location & neighbourhood
DirectionsLondon North, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Schools nearbyclosest is Jeanne-Sauvé Public School, 190 m
Elementary
- 7.1
Jeanne-Sauvé Public School
190 m · Grades JK-8
Thames Valley District School Board
- 6.0
Eagle Heights Public School
820 m · Grades JK-8
Thames Valley District School Board
- 7.8
University Heights Public School
1.4 km · Grades JK-8
Thames Valley District School Board
Secondary
- 8.0
London Central Secondary School
1.7 km · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
2.2 km · Grades 9-12
London District Catholic School Board
- 5.3
H B Beal Secondary School
2.5 km · Grades 9-12
Thames Valley District School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $5,681/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 2 times · asking price up 91% from the first ask
Listed Sep 24, 2026
Listed Jun 20, 2025 · 1 day on market
Jun 21, 2025
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
1 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold971 Wellington Street, London East
Sold123 Mill Street, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.6 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 90.5% of asking.
Avg. sold price
$1,159,150
Sale-to-list ratio
90.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $239,000 household income
Minimum household income required
$239,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
Get notified about similar homes
New detached listings in Blackfriars.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
Not intended to solicit clients already under contract.
Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.
SearchLondonHomes.com is operated by Oak and Key Real Estate Brokerage Inc., a registered Ontario brokerage. Not intended to solicit clients already under contract with another brokerage.