37 Emery Street
London South, N6J 1R7·MLS® X13512674·
Listing courtesy of Thrive Realty Group INC.·Updated 4 hours ago
Listing price
$539,999
Est. $2,572/mo
Days on market
Listed Jul 2, 2026
Description
Much larger than it appears, this beautifully updated 4-bedroom, 3-bathroom home offers exceptional flexibility for families, multi-generational living, or savvy buyers looking for additional income. Backing directly onto Euston Park and the natural beauty of the Coves area, you'll enjoy a rare combination of privacy, green space, and city convenience. Thoughtfully renovated in 2016, the home features two updated kitchens, three full bathrooms, updated flooring, trim, hardware, exterior siding, insulation, plumbing, electrical, furnace, air conditioning, and more. The bright and spacious main level offers generous living and dining spaces, a large eat-in kitchen, convenient main floor laundry, and direct access to the sunny south-facing backyard. One of the standout features is the self-contained lower-level suite with its own entrance, kitchen, bathroom, and laundry. Currently leased month-to-month to an excellent long-term tenant for $1,200/month inclusive of utilities, it provides an outstanding mortgage helper, with the tenant eager to remain if desired. Step outside to enjoy a private backyard retreat complete with a gas line-fed BBQ (incl.), storage shed, and direct access to Euston Park. Stretching behind the property, the park offers expansive grasslands, walking paths, mature trees, and connections to the environmentally significant Coves area, creating a peaceful backdrop rarely found within the city. Whether you're enjoying an evening walk, watching local wildlife, flying a kite, or simply taking in the open views, this setting is truly special. Additional features include parking for up to three vehicles, easy access to transit with a bus route nearby, and a neighbouring auto shop that contributes to quiet evenings and weekends. Conveniently located close to schools, shopping, parks, and everyday amenities, this is a unique opportunity to own a spacious home with built-in income potential and a remarkable natural setting right in the heart of the city.
Property details
Basement
Apartment, Separate Entrance
Parking
3 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 11 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,275
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$415,000
47 MacKay Avenue, London South
Sold$600,000
66 Bruce Street, London South
See all 10 comparables
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Market conditions · South E
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
$2,160
Rental yield
4.8%
Est. cash flow
-$1,359
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$131,958
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$524,236
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