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$540,000

Estimated value $524K to $566K

Est. $2,530/mo mortgage

3bd·2ba·1,100-1,500sqft

199 Emerald Road · London, N6M 1J3

MLS® X13822580

46 days on market46 days on market

Listed Sep 24, 2026

Listing courtesy of Century 21 First Canadian Trusted Home Realty INC.·Listing last changed Oct 14

Key facts

Property type
Detached
Square footage
1,100-1,500 sqft
Lot size
29.6 × 111.92 ft · < 0.50 acres
Age
16-30 years
Parking
3 spaces
Property tax
$3,731/yr (2026)

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
1,100-1,500 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 · < 0.50 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)

Rooms

Main

Kitchen
3.32 × 2.36 m
Bathroom
1.65 × 1.27 m
Living Room
5.38 × 3.3 m
Bedroom
4.24 × 2.36 m

Second

Bedroom 2
4.97 × 2.92 m
Primary Bedroom
4.47 × 3.07 m
Bedroom 3
3.22 × 2.79 m
Bathroom
2.369 × 1.54 m

Basement

Family Room
4.64 × 2.56 m
Laundry
4.97 × 2.87 m

Estimated value range

$524K to $566K

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.

Location & neighbourhood

Directions
Summerside →

London South, ON

Newer southeast neighbourhood with diverse housing, growing commercial options, and family appeal.

Schools nearbyclosest is École élémentaire catholique Saint-Jean-de-Brébeuf, 360 m

Elementary

  • École élémentaire catholique Saint-Jean-de-Brébeuf

    360 m · Grades JK-6

    Conseil scolaire de district des écolesCatholique

    7.2
  • Summerside Public School

    620 m · Grades JK-8

    6.5
  • Tweedsmuir Public School

    2.5 km · Grades JK-8

    Thames Valley District School Board

    5.3

Secondary

  • École secondaire Gabriel-Dumont

    790 m · Grades 9-12

    Conseil scolaire Viamonde

    6.6

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. $3,204/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,530
Property tax$311
Insurance (est.)$113
Utilities (est.)$250
Total monthly$3,204
Land transfer tax$7,275 on closing

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

Sep 24, 2026Listed
$554,900
Sep 24, 2026Price Change
$540,000
Affordabilityneeds $131,000 household income

Minimum household income required

$131,000

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

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 47 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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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.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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