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For sale
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$599,000

Est. $2,806/mo mortgage

3bd·4ba·1,500-2,000sqft

163 Emerald Road · London South, N6M 1J3

MLS® X13797594

2 days on market

Listed Sep 17, 2026

Listing courtesy of Blue Forest Realty INC.·Updated yesterday

Description

Welcome to 163 Emerald Rd! From the moment you arrive, the covered front porch and welcoming foyer set the tone for this warm and well-cared-for home. The main floor offers a bright and spacious kitchen with ceramic tile flooring, a comfortable dining area, and a generous living room featuring hardwood floors. Large windows overlook the fully fenced backyard, bringing in plenty of natural light and providing an easy connection to the outdoor living space. A convenient 2-piece powder room completes the main level. Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite with a walk-in closet and private ensuite featuring a relaxing jacuzzi-style tub. A 4-piece main bathroom serves the additional bedrooms. The finished lower level adds even more room to spread out, with a large family room complete with a gas fireplace and wet bar, waterproof vinyl flooring, and a convenient 3-piece bathroom. The unfinished utility area provides laundry along with excellent storage space. Step outside to enjoy the fully fenced backyard, complete with a stamped concrete patio that creates the perfect spot for summer entertaining, morning coffee, or relaxing with family. A double-wide driveway and attached garage provide plenty of parking and everyday convenience. Major updates include a newer roof, furnace, and air conditioning, offering added peace of mind. With its functional layout, finished lower level, private backyard, and sought-after features throughout, this home is ready for its next chapter.

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Property details

Interior

Interior
1500-2000 sqft
Rooms
9 rooms
Bathrooms
1 × 2-piece, 2 × 3-piece, 1 × 4-piece
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Lot size
29.53 × 111.34 ft
Exterior
Vinyl Siding, Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Private Double (2 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$3,889/yr (2025)

Rooms

Main

Kitchen
5.38 × 2.99 m
Living Room
5.89 × 4.34 m

Second

Bedroom
3.3 × 3.04 m
Primary Bedroom
4.44 × 3.55 m
Bedroom
3.17 × 3.02 m

Basement

Other, Finished
2.59 × 2.03 m
Laundry
5.94 × 1.95 m
Recreation
5.79 × 4.06 m

AI property estimate

$662,743Estimate is ~10.6% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$596,469$729,017

79% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London South

London South, ON

Monthly paymentest. $3,542/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,806
Property tax$361
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,542
Land transfer tax$8,455 on closing

Ontario LTT

$8,455

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 2 times · asking price down 4% from the first ask

$599,000 4%

Listed Sep 17, 2026

On the market
$625,000

Listed Jun 17, 2026 · 91 days on market

Taken off the market

Sep 16, 2026

91 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

3074 Turner Crescent, London SouthSold

$732,000

3074 Turner Crescent, London South

4 bd·3 ba·2,000-2,500 sqft
227 Edmunds Place, London SouthSold

$580,000

227 Edmunds Place, London South

3 bd·3 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$663,596

Sale-to-list ratio

97.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $147,000 household income

Minimum household income required

$147,000

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$2,500/mo median for 3 bed nearby

$2,500/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 48 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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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