128 Empress Avenue
London (North N), ON N6H 1N3
- 5Bedrooms
- 6Bathrooms
- 0Garage
- 2500–3000Sq Ft
- $3,520Tax
- 42×109 ftLot Size
Estimated Value:$846,072See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 128 Empress Avenue, London, North N
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About 128 Empress Avenue, London, North N
Summarized Description
- Newly constructed property built for investors
- Each room has a private ensuite and walk-in closet
- Open concept design with modern finishes
- Strong cash flow with estimated 7.33% cap rate
- Low-maintenance ownership with quality craftsmanship
- Prime location near University of Western Ontario
- Currently leased until April 30, 2027
- Includes new electrical, plumbing, furnace, and A/C
Exceptional Turnkey Investment Opportunity. Welcome to this stunning newly constructed in 2025/2026 income-generating property located in one of London's most sought-out area, just minutes from University of Western Ontario. Purpose built with Investors in mind, this premium residence offers an outstanding combination of strong cash flow, modern design, and long-term appreciation potential. Featuring approximately 2500 sq ft, with each room offering its own private 4 piece ensuite and walk in closets providing a highly desirable living arrangement crafted for comfort and style. The open concept main level showcases contemporary finishes throughout, including a stylish kitchen with sleek white cabinetry, quartz countertops, walk-in pantry and new stainless steel appliances. Built with quality craftsmanship and attention to detail, this property offers low-maintenance ownership and peace of mind. Additional features include all new electrical work with 200 AMP Panel, new plumbing, new furnace and A/C, main-floor laundry, a convenient powder room, durable luxury vinyl flooring and pot lights throughout. Currently leased until April 30, 2027, providing immediate cash flow and an attractive return from day one with an estimated 7.33% cap rate. Minutes from major transit route, shopping, restaurants and every day amenities. Strong cash flow. Premium construction. Prime location. Secure your investment today. ( Virtually staged, furniture may not represent exact photos in the listing )
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,520
- Land Transfer Tax Fee
- $17,473
Rental Items
- Rental Equipment
- tankless hot water tank
- Basement Type
- Partially Finished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 42.00 ft
- Lot Depth
- 109.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 6
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Powder Room—Main level, 2 Pc Bath
- Foyer—Main level
- Living Room—Main level
- Laundry—Main level
- Bedroom—Upper level, 4 Pc Ensuite, Walk-In Closet(s)
- Bedroom—Upper level, 4 Pc Ensuite, Walk-In Closet(s)
- Bedroom—Upper level, 4 Pc Ensuite, Walk-In Closet(s)
- Bedroom—Main level, 4 Pc Ensuite, Walk-In Closet(s)
- Room—
- Den—Upper level, 3 Pc Bath
- Kitchen—Main level
- Bedroom—Main level, 4 Pc Ensuite, Walk-In Closet(s)
Washrooms
- 4-piece
- 2-piece
- Municipality
- London
- Neighbourhood
- North N
- Main cross streets
- Wharncliffe and Empress
- Zoning
- R2-2
- Directions
- head north on wharnclife road, turn left on empress avenue
- MLS® number
- X13824846
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-05
- Listed on
- 2026-09-24
- Days on market
- 11 days
- Possession date
- 2026-10-23
- Possession type
- Immediate
- Co-op commission
- 2
- Seller
- Listed by
- CENTURY 21 FIRST CANADIAN CORP
Home Market Value
Current home valuation for 128 Empress Avenue, London, North N, London, ON. Listed for $1,049,900
HOMEH Estimate
$846,072
Estimated Sales Range
$668,397 - $1,023,747
HOMEH Estimate for 128 Empress Avenue, London, North N
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $549,900 over $500K
$79,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $38,762 | $29,292 | $24,988 | $0 |
=Total mortgage | $1,007,820 | $974,202 | $917,403 | $839,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,921monthly | $4,757monthly | $4,479monthly | $4,101monthly |
Land Transfer Tax
$17,473
$17,473
Around this home
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