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37 Emery Street

London South, N6J 1R7·MLS® X13512674·

Listing courtesy of Thrive Realty Group INC.·Updated 4 hours ago

For sale
1 / 44
3Beds
3Baths
1,100-1,500Sqft
51-99Year Built

Listing price

$539,999

Est. $2,572/mo

Days on market

1

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

$524,236Below Market
$491,836$556,636

82% confidence · 11 comparable sales analysed

Location & neighbourhood

Wortley Village

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,572
Property tax$585
Insurance (est.)$112
Utilities (est.)$250
Total monthly$3,519

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

Jul 2, 2026Listed
$539,999

Sold comparables nearby

47 MacKay Avenue, London SouthSold

$415,000

47 MacKay Avenue, London South

4 bd·1 ba·700-1,100 sqft
66 Bruce Street, London SouthSold

$600,000

66 Bruce Street, London South

3 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · South E

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

$2,160

Rental yield

4.8%

Est. cash flow

-$1,359

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

$131,958

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

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AI estimate

$524,236

Below Market

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