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201 Emerson Avenue

London South, N5Z 3L5·MLS® X13145860·

Listing courtesy of Century 21 First Canadian Corp·Updated May 19

For sale
1 / 43
3Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$529,900

Est. $2,524/mo

Days on market

26

Listed May 19, 2026

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.**

Property details

Basement

Finished

Parking

3 spaces

Type

Detached — Bungalow-Raised

Heating

Heat Pump

AI property estimate

$546,327Above Market
$514,533$578,121

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,524
Property tax$574
Insurance (est.)$110
Utilities (est.)$250
Total monthly$3,458

Land transfer tax

Ontario LTT

$7,073

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 19, 2026Listed
$529,900

Sold comparables nearby

706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft
111 Alexandra Street, London SouthSold

$535,000

111 Alexandra Street, London South

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South I

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$2,120

Rental yield

4.8%

Est. cash flow

-$1,338

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$129,669

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$546,327

Above Market

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