117 EMPRESS AVENUE, London North (North N)
$599,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 5 bedrooms, 2 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13871506
- Neighbourhood
- North N
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.
Sold data
Detached homes in London North (North N) — recent sold market
Detached homes in London North (North N) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 750 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $629,900.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $629,900
- Sale-to-list ratio
- 97.1%
- Sold above asking
- 11%
Based on 750 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London North (North N)
London North (North N) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London North (North N)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 117 EMPRESS AVENUE
$579,900
Detached5+22700–1,100 sqft1227 TRAFALGAR STREET, East M, London East
$549,000
Detached5+221,100–1,500 sqft78 OLYMPIC CRESCENT, North I, London North
$659,999
Detached5+12700–1,100 sqft29 SOUTHLAND DRIVE, South V, London South
$664,900
Detached5+142,000–2,500 sqft1004 ALDERSBROOK ROAD, North I, London North
$507,500
Detached5+22700–1,100 sqft61 WISTOW STREET, East C, London East
$499,000
Detached5+22700–1,100 sqft771 MONSARRAT AVENUE, East A, London East
$749,900
Detached5+121,500–2,000 sqft19 KENDALL COURT, North G, London North
$462,000
Detached521,500–2,000 sqft686 ELIAS STREET, East G, London East