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For sale
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$554,900

Est. $2,600/mo mortgage

3bd·2ba·1,100-1,500sqft

199 Emerald Road · London South, N6M 1J3

MLS® X13822580

1 day on marketListed yesterday

Listed Sep 24, 2026

Listing courtesy of Century 21 First Canadian Trusted Home Realty INC.·Updated 8 hours ago

Description

Experience the perfect blend of value, comfort and community in this lovely 3-bedroom home, nestled on a peaceful, family-friendly street in the heart of desirable Summerside. Inside, you are welcomed by a light-filled kitchen, a generous primary suite, and a versatile lower-level recreation room ideal for family play or relaxing evenings. Outdoor living is effortless with a fully fenced backyard and a deck, perfect for hosting summer gatherings. Ideally positioned for a lifestyle of convenience, this home is moments away from top-rated schools, scenic walking trails, vibrant shopping, and essential amenities including City Wide Sports Park and Victoria Hospital, with seamless access to Highway 401 for an easy commute. This is a rare opportunity for first-time buyers and growing families alike!

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Property details

Interior

Size
1100-1500 sqft
Rooms
8 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
16-30 years
Lot size
29.6 × 111.92 ft · < .50 acres
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

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

Fees & taxes

Property tax
$3,731/yr (2026)

AI property estimate

$533,932Estimate is ~3.8% below asking

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

$480,539$587,325

78% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London South →

London South, ON

Monthly paymentest. $3,300/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,600
Property tax$334
Insurance (est.)$116
Utilities (est.)$250
Total monthly$3,300
Land transfer tax$7,573 on closing

Ontario LTT

$7,573

First-time rebate

−$4,000

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

Price & listing history

$554,900

Listed Sep 24, 2026

On the market

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

Sold comparables nearby

2294 SOUTHPORT Crescent, London SouthSold

2294 SOUTHPORT Crescent, London South

3 bd·3 ba·1,500-2,000 sqft
171 Emerald Road, London SouthSold

171 Emerald Road, London South

3 bd·3 ba·1,500-2,000 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 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$617,572

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $137,000 household income

Minimum household income required

$137,000

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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