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For sale
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$739,900

Estimated value about $703K

Est. $3,466/mo mortgage

5bd·3ba·1,100-1,500sqft

221 Emerson Avenue · London South, N5V 3L5

MLS® X13707684

49 days on market49 days on market

Listed Aug 24, 2026

Listing courtesy of Homelife Silvercity Realty INC.·Listing last changed Aug 29

Key facts

Property type
Duplex
Square footage
1100-1500 sqft
Lot size
42.11 × 158.4 ft
Parking
4 spaces
Property tax
$3,250/yr (2025)

Description

This property is a fantastic investment opportunity and an excellent potential income source. It features a fully finished basement with a separate entrance, as well as a fully finished garden suite with its own separate entrance and 2 bedrooms. A great opportunity for investors looking to add a strong income generating property!

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Property details

Interior

Size
1100-1500 sqft
Rooms
11 rooms · 3 kitchens
Bathrooms
3 × 3-piece
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Duplex, Bungalow
Lot size
42.11 × 158.4 ft
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Available (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,250/yr (2025)

Estimated value range

$703K–$703K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Glen Cairn →

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Monthly paymentest. $4,316/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,466
Property tax$271
Insurance (est.)$154
Utilities (est.)$250
Total monthly$4,141
Land transfer tax$11,273 on closing

Ontario LTT

$11,273

First-time rebate

−$4,000

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

Price & listing history

$739,900

Listed Aug 24, 2026

On the market

Sold comparables nearby

107 Windsor Crescent, London SouthSold

107 Windsor Crescent, London South

6 bd·6 ba·3,000-3,500 sqft
103 McClary Avenue, London SouthSold

103 McClary Avenue, London South

4 bd·3 ba·2,000-2,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer’s market in London

6.4 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.2% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$585,000

Sale-to-list ratio

95.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $180,000 household income

Minimum household income required

$180,000

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.

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Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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