$499,800
Est. $2,341/mo mortgage
201 Emerson Avenue · London South, N5Z 3L5
MLS® X13145860
Listed May 19, 2026
Listing courtesy of Century 21 First Canadian Corp·Updated Jul 17
Description
**Attention investor and first-time home buyer** Welcome to this renovated 3-bedroom detached bungalow, offering an excellent opportunity for first-time buyers, families, or investors. Situated in a quiet, family-friendly neighborhood, This home features a bright open-concept layout with spacious living and dining areas, ideal for everyday living and entertaining. The modern kitchen is equipped with stainless steel appliances and updated finishes throughout. All bedrooms are conveniently located on the main floor, along with a versatile den/office space. A separate side entrance and a bedroom walkout to the backyard provide added flexibility and potential for an in-law suite or income-generating use. The finished basement offers additional living space, perfect for a family room, recreation area. Located close to parks, schools, hospitals, and everyday amenities, this home combines comfort, convenience, and in-law potential In a desirable setting,**There are some pictures virtually staged, including curb appeal.**
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Property details
Interior
- Interior
- 1500-2000 sqft
- Rooms
- 7 rooms
- Bathrooms
- 2 × 3-piece on Main
- Basement
- Finished
- Heating
- Heat Pump
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow-Raised
- Lot size
- 40.1 × 135.34 ft
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Driveway
- Available (3 spaces)
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $5,566/yr (2025)
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
73% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly paymentest. $2,997/mo all in
Monthly payment estimate
Land transfer tax$6,471 on closing
Ontario LTT
$6,471
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed May 19, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$415,000
119 ALEXANDRA Street, London South
Sold$550,000
122 Windsor Crescent, London South
See what these 6 homes sold for
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Market conditionsBuyer's market in Highland
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.2% of asking.
Avg. sold price
$499,833
Sale-to-list ratio
97.2%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $124,000 household income
Minimum household income required
$124,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$2,275/mo median for 3 bed nearby
$2,275/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 52 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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