117 Empress Avenue · London North, N6H 1N1
MLS® X13871506
Listed Oct 7, 2026
Listing courtesy of Century 21 First Canadian Corp·Listing last changed 3 days ago
Key facts
- Property type
- Detached
- Square footage
- 1100-1500 sqft
- Lot size
- 61.16 × 112.04 ft · < .50 acres
- Age
- 51-99 years
- Parking
- 5 spaces
- Property tax
- $4,308/yr (2025)
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.
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Property details
Interior
- Size
- 1100-1500 sqft
- Bedrooms
- 4 above grade, 1 lower level
- Rooms
- 5 rooms
- Bathrooms
- 1 × 3-piece on Main, 1 × 3-piece on Basement
- Basement
- Apartment, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 61.16 × 112.04 ft · < .50 acres
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Detached
- Driveway
- Front Yard Parking (4 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $4,308/yr (2025)
Rooms
Main
- Bedroom 2
- 3.1 × 3.5 m
- Bedroom 4
- 3 × 3.2 m
- Bedroom 3
- 3.2 × 3.6 m
- Living Room
- 4.5 × 3.3 m
- Kitchen
- 3.04 × 3.2 m
- Bedroom
- 3.96 × 3.02 m
Estimated value range
$569K–$599K
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.
Monthly paymentest. $3,542/mo all in
Monthly payment estimate
Land transfer tax$8,455 on closing
Ontario LTT
$8,455
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 Oct 7, 2026
Sold comparables nearby
Sold190 Victoria Street, London East
Sold49 Euclid Avenue, London South
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.2% of asking.
Avg. sold price
$782,467
Sale-to-list ratio
95.2%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $147,000 household income
Minimum household income required
$147,000
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.
Not sure about financing? Ask Colin →Rental market$3,095/mo median for 4 bed nearby
$3,095/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 8 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
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