Looking for a smart investment in London East? 24 Empire St offers everything investors and tenants are looking for. This detached home features 5 spacious bedrooms plus an additional room that could become a 6th bedroom. With recent upgrades to the second floor, basement ceiling, backyard deck, and main door lock, the property is move-in ready and low maintenance. Its quiet cul-de-sac location ensures peace and safety, while still being just minutes from Fanshawe College, Western University, shopping, markets, schools, and public transit.
Listing Price: 498,800.00
MLS number: X12396833
Bedrooms: 5+1
Bathrooms: 2
Rooms: 14
Total Parking Spaces: 2
Square Feet: 1139
Area: London, Ontario
Community: London East, East G
Location is always the first thing people look at when searching for a rental property, and 24 Empire St checks that box perfectly. Sitting on a quiet dead-end street in a safe community, this detached house offers both peace and convenience. Tenants can easily walk to Fanshawe College, shopping centers, markets, schools, and public transit. For those who need to commute, Western University and London International Airport are only about 10 minutes away by car. That means students, young professionals, and even families will find this spot ideal.
Inside, this home gives you a lot of options. It comes with 5 spacious bedrooms, plus another room that can potentially be used as a 6th bedroom. That flexibility makes it perfect for larger student groups, shared housing, or even families who want more space. Everyone can have their own room, which is a huge bonus for renters.
One of the biggest advantages of this property is the reliable rental market around it. With so many local and international students attending Fanshawe College and Western University, finding tenants is rarely a problem. The estimated yearly gross rental income is between $33,600 and $38,400, which gives investors a healthy return. Combine that with low property taxes under $2,700, and you are looking at strong cash flow and long-term value.
Investors love properties that do not need a lot of work, and this home has already had some important updates done. In 2025, the second floor and basement ceiling were refreshed, while in 2024, the backyard deck and main door lock were upgraded. These improvements mean less worry for the next owner and more comfort for the tenants.
The location of this home adds another layer of appeal. Being in a quiet cul-de-sac means less traffic and a safer environment—something tenants and parents of students will both appreciate. It is the perfect balance: calm and peaceful at home, but still close to all the action in the city.
When you put it all together, 24 Empire St is more than just a house—it is a smart investment opportunity. The combination of location, flexible layout, reliable rental income, low taxes, and recent upgrades make it stand out in today’s market. Whether you are looking to expand your portfolio or start your first investment, this property gives you a chance to earn solid returns while owning a home in a growing part of London.
If you have been waiting for a high-ROI property in London East, this is the one. With its prime location, consistent demand, and solid financial potential, 24 Empire St offers everything investors and tenants are looking for. Do not miss your chance to secure it—schedule a viewing today and see the value for yourself.
Are you interested to rent it? Contact Adam Cui today. I offer a complete service system and help you every step of the way. With years of experience, strong support, and ongoing training, I’m here to make your real estate dreams come true.
Subscribe to our newsletter to see the latest blogs
Offer accepted? Before closing day, landlords must confirm lease details, collect payments, finish repairs, and prepare the property. Moreover, document its condition, share key info, and stay available to ensure...
Discover everything you need to know about waterfront cottages in this ultimate guide. From choosing the perfect location to understanding costs, legal aspects, and seasonal factors, we cover it all....
Looking for your perfect home? Fill out this quick form so we can match you with the best options. Whether you are a first-time buyer or upgrading, your dream home...
Exclusive listings can offer sellers benefits like personalized marketing and dedicated agent attention. However, they may limit market exposure, reduce buyer competition, and lengthen selling times. Understand the pros and...
Buying your first home can feel overwhelming, but with the right guidance, it is easier than you think. In this ultimate guide for first-time homebuyers, we cover every step -...
Towns on Bayview is a preconstruction townhome development located at Bayview Avenue and 19th Avenue in Richmond Hill, offering a mix of freehold Traditional and Rear Lane Townhomes with a...
Real estate deals can fall apart due to various issues, such as financial problems, unexpected inspection concerns, or sellers backing out. However, by addressing these challenges proactively, like securing financing...
Get your home photo-ready with this essential checklist for sellers and landlords. From hiding personal items to turning on lights and clearing countertops, these simple tips will help your property...
Farm real estate offers unique opportunities for investors and agricultural professionals. From soil quality to zoning regulations, understanding key factors is essential. With proper research and professional guidance, you can...
