






128 Empress Avenue
North N, London North
$1,099,000
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 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 6.76% 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 )
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $3,520 |
| Lot Size | 42 ft x 109 ft |
| mls© Number | X13426012 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,625
- Property tax
- $293
- Heat allowance
- $150
- Housing costs
- $6,069 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$187,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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