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$499,800

Estimated value $475K to $525K

Est. $2,341/mo mortgage

3bd·2ba·1,500-2,000sqft

201 Emerson Avenue · London, N5Z 3L5

MLS® X13820548

44 days on market44 days on market

Listed Sep 22, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed Oct 15

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
40.1 × 135.34 ft
Parking
3 spaces
Property tax
$5,566/yr (2025)

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.**

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Property details

Interior

Size
1,500-2,000 sqft
Rooms
7 rooms
Bathrooms
2 × 3-piece on Main
Basement
Finished
Heating
Heat Pump
Cooling
Central Air

Building & lot

Type
Detached, Bungalow-Raised
Lot size
40.1 × 135.34 ft
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Driveway
Available (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$5,566/yr (2025)

Estimated value range

$475K to $525K

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.

Schools nearbyclosest is Princess Elizabeth Public School, 480 m

Elementary

  • Princess Elizabeth Public School

    480 m · Grades JK-8

    Thames Valley District School Board

    5.8
  • C C Carrothers Public School

    780 m · Grades JK-8

    Thames Valley District School Board

    2.9
  • Holy Rosary Separate School

    980 m · Grades JK-8

    London District Catholic School Board

    3.5

Secondary

  • G A Wheable Secondary School

    860 m · Grades 9-12

  • B Davison Secondary School

    1.5 km · Grades 9-12

    Thames Valley District School Board

  • London South Collegiate Institute

    2.1 km · Grades 9-12

    Thames Valley District School Board

    4.2

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $3,159/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,341
Property tax$464
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,159
Land transfer tax$6,471 on closing

Ontario LTT

$6,471

First-time rebate

−$4,000

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

Price & listing history

$499,800

Listed Sep 22, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

532 Nelson Street, London EastSold

532 Nelson Street, London East

3 bd·1 ba·< 700 sqft
91 Yvonne Crescent, London SouthSold

91 Yvonne Crescent, London South

4 bd·3 ba·2,000-2,500 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$364,342

Sale-to-list ratio

95.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $129,000 household income

Minimum household income required

$129,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Call Colin at (226) 212-5099 or text

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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