$599,000
Est. payment $2,652/moCalculate yours
117 Empress Avenue, London North, ON N6H 1N1
North, London, ON N6H 1N1
- 4 + 1 Beds
- 2 Baths
- 1 Garage
- 1,100 Sq Ft
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP MLS® X13871506
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 4 + 1
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Apartment, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 61.16 x 112.04 Feet
- Parking
- Detached garage · 5 total
- Zoning
- R2-2
Financial
- Property Taxes
- $4,308 (2025)
Location
- Neighbourhood
- North
- Cross Street
- Wharncliffe Empress Ave
- Direction Faces
- North
Listing
- MLS® Number
- X13871506
- Days on Market
- 12
- Listed On
- 2026-10-06
- Possession
- Flexible
- Listed By
- CENTURY 21 FIRST CANADIAN CORP
Rooms
Features
Interior
- Other
Pool
- None
- Included
- Fridge, stove, dishwasher, washer, dryer
- Excluded
- Tenants belongings
Mortgage calculator
Estimated mortgage payment
$2,652 per month
- Principal and interest
- $2,652
- Property tax
- $359
- Condo fees
- $0
- Estimated monthly cost
- $3,011
Your mortgage
- Mortgage amount
- $479,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,473
Cash to close
- Down payment
- $119,800
- Land transfer tax
- $8,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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