For Sale

24 Empire Street, London East, Ontario N5Y 1G7

$498,800

24 Empire Street, London East, Ontario N5Y 1G7 is For Sale and has a listing price of 498,800. The property is located in the London East . It's been on the website for 2 Days.

  • Detached
    Property Type
  • 6
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12396833
  • Office Name BAY STREET GROUP INC.
Property Description

Discover a prime investment opportunity in the heart of London East! Welcome to 24 Empire St, a detached home located on a quiet dead-end street in a safe and friendly community. | This property offers space, versatility, and excellent rental potential, making it ideal for investors, students, and families alike. | Inside, you will find 5 spacious bedrooms, plus another room that can easily be converted into a 6th bedroom if needed. | The layout is practical and flexible, giving tenants plenty of privacy and comfort. | With schools, shopping, local markets, and public transit all within walking distance, this home offers unbeatable convenience. Fanshawe College is just a short walk away, while Western University and London International Airport are only a quick 10-minute drive perfect for both local and international students. | This area is surrounded by a strong rental market with consistent demand from students and young professionals, making tenants easy to find. The dwelling’s potential yearly gross income ranges from $33,600 to $38,400, delivering a solid return on investment. Plus, with property taxes under $2,700, your cash flow stays strong. | The home has also received some great recent updates, including the second floor (2025), basement ceiling (2025), a backyard deck (2024), and a main door lock (2024). These upgrades mean less work and more peace of mind for the next owner. | Step outside and you will love the private cul-de-sac setting. It is quiet, safe, and perfect for tenants who want a peaceful place to live while still being close to everything the city has to offer. | Whether you are looking to add a reliable income property to your portfolio or searching for a home that offers space and opportunity, 24 Empire St is a smart choice. With its prime location, strong rental potential, low taxes, and recent updates, this house checks all the boxes. Do not miss out on this chance to secure a high-ROI property in one of London’s most convenient spots.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12396833
  • Price: $498,800
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 122.5
  • Ref ID: X12396833
  • Approx Sqft: 1100-1500
  • Dir / Cross St: Oxford St E / Highbury Ave N
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
09/11/2025 X12396833 $498,800 For Sale - -
11/27/2024 X11241907 $499,999 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $688,912 Average List Price
    based on 1 year
  • 336 New Listings
    based on 30 days
  • 37 Median Days on Market
    based on 1 year
  • List vs. Selling Price 179.96 % Up
  • Sold (12mo) 365
  • Rented (12mo) 110

  • 1 Month Change -25.6%
  • 3 Month Change -43.1%
  • 6 Month Change +11.6%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 1 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 2
  • Exterior Stone, Vinyl Siding
  • Kitchen Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $2,769
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 11/09/2025 14:29:41
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