- Bedrooms
- 5
- Bathrooms
- 6
- Size
- 2,500–3,000sq ft
- Per sq ft
- $382at the range’s middle
- Lot
- 42 x 109 ft
- Tax a year
- $3,5202025 tax year
- Parking
- 3none
- Days on market
- Members
The brief
About 128 Empress Ave
128 Empress Ave is a 5-bedroom, 6-bathroom detached house in North N, London North, listed for sale at an asking price of $1,049,900 (MLS® X13824846).
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 )
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall29/100−$1,583/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 detached homes with 5 bedrooms for lease in London North right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,520 / 2025
- MLS® number
- X13824846
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 42 x 109 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- North N
- Municipality
- London North
Building
- Size
- 2500-3000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 6
- Bathroom Details
- 5 × 4pc, 1 × 2pc
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 42 ft
- Depth
- 109 ft
- Lot Size
- 42 x 109 ft
Additional
- Foundation
- Concrete
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Powder Rm | 1.52 × 1.52 m | 2 Pc Bath | Main |
| Foyer | 2.13 × 4.88 m | — | Main |
| Living | 3.2 × 3.66 m | — | Main |
| Laundry | 0.91 × 0.91 m | — | Main |
| Br | 3.62 × 4.5 m | 4 Pc Ensuite, W/I Closet | Upper |
| Br | 3.56 × 4.17 m | 4 Pc Ensuite, W/I Closet | Upper |
| Br | 3.62 × 3.69 m | 4 Pc Ensuite, W/I Closet | Upper |
| Br | 3.62 × 3.69 m | 4 Pc Ensuite, W/I Closet | Main |
| Den | 3.56 × 4.02 m | 3 Pc Bath | Upper |
| Kitchen | 3.04 × 3.96 m | — | Main |
| Br | 3.5 × 4.5 m | 4 Pc Ensuite, W/I Closet | Main |
Listing history
Buy/sell history for 128 Empress Ave, London North, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,049,900 | N/A | For Sale | X13824846 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $209,980
- Total mortgage amount
- $839,920
- Total interest payment
- $597,080
- Total purchase cost
- $1,646,980
- Mortgage payment
- $4,790/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
46%Monthly carrying cost
$5,083- Rent $3,500
- Shortfall $1,583
Rental income opens at $3,500, the median asking rent of 9 comparable homes for lease in London North. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $17,473
- Total land transfer tax
- $17,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $13,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,049,900
- $12,998
- Ontario total
- $17,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 4,578 sq ft425 m²
- Street frontage
- 42 ft12.8 m
- Depth
- 109 ft33.2 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.4 km9.4 km
Province of Ontario open data
Around the home2
- Nearest rail line: 400 m400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- 1 recorded oil, gas or salt well within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Labatt Brewing Company Ltd, 2.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in North N right now
- For sale now
- 15
- Median asking price
- $580K
- New in 7 days
- 2
- Price cuts
- 33%
Middle half: $512K to $649K
3 in 28 days
5 listings
This home is asking 81% above the median, higher than three quarters of them.
See all homes in North NAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Jeanne-Sauvé Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 200 m | 82%Grade 6 average |
| Eagle Heights Public SchoolThames Valley DSB | Public · grades JK–8 | 800 m | 75%Grade 6 average |
| St Thomas More Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 2.2 km | 69%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 3.2 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.7 km | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.2 km | 57%Grade 9 math |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.6 km | 56%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 3.9 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in North N are shown to signed-in members.