117 EMPRESS AVENUE, London, Ontario N6H 1N1
$599,000.00
- 5 bedrooms
- 2 bathrooms
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 ... read more
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. (id:25417)
- Listing ID: X13871506
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 61.2 by 112 FT|under 1/2 Acre |
| Parking: | Detached Garage 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Dishwasher |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Aluminum Siding |
| Basement: | N/A, N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.5 m x 3.3 m |
| Kitchen | Main level | 3.04 m x 3.2 m |
| Bedroom | Main level | 3.96 m x 3.02 m |
| Bedroom 2 | Main level | 3.1 m x 3.5 m |
| Bedroom 3 | Main level | 3.2 m x 3.6 m |
| Bedroom 4 | Main level | 3 m x 3.2 m |
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