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$499,900

Est. $2,342/mo mortgage

3+1bd·3ba·700-1,100sqft

37 Emery Street · London South, N6J 1R7

MLS® X13833930

1 day on marketListed yesterday

Listed Sep 28, 2026

Listing courtesy of Thrive Realty Group INC.·Updated 3 hours ago

Description

Much larger than it appears, this beautifully updated 4-bedroom, 3-bathroom home offers exceptional flexibility for families, multi-generational living, or savvy buyers looking for additional income. Backing directly onto Euston Park and the natural beauty of the Coves area, you'll enjoy a rare combination of privacy, green space, and city convenience, with no back neighbours, ever. Thoughtfully renovated in 2016, the home features two updated kitchens, three full bathrooms, updated flooring, trim, hardware, exterior siding, insulation, plumbing, electrical, furnace, and air conditioning. The bright and spacious main level offers generous living and dining spaces, a large eat-in kitchen, convenient main floor laundry, and direct access to the sunny south-facing backyard. One of the standout features is the self-contained lower-level suite with its own entrance, kitchen, bathroom, and laundry. Currently leased month-to-month to an excellent long-term tenant for $1,200/month inclusive of utilities, it provides an outstanding mortgage helper, with the tenant eager to remain if desired. Step outside to a private backyard retreat complete with a gas line-fed BBQ (incl.), storage shed, and direct access to Euston Park. The park stretches out behind the property with grasslands, walking paths, and a connection to the environmentally significant Coves area, creating a peaceful backdrop rarely found within the city. Evenings and weekends are especially quiet here, with just one active side neighbour and nothing but green space at the back. This is also a smart location for attracting tenants: a city bus route runs nearby, offering easy access to nearby amenities, an easy sell for future renters. Additional features include parking for up to three vehicles and proximity to schools, shopping, parks, and everyday conveniences. This is a rare opportunity to own a spacious, income-generating home with a truly remarkable natural setting right in the heart of the city.

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Property details

Interior

Size
700-1100 sqft
Bedrooms
3 above grade, 1 lower level
Rooms
8 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Second, 1 × 4-piece on Ground
Basement
Apartment, Separate Entrance
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
51-99 years
Lot size
35 × 110 ft
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$3,001/yr (2026)

AI property estimate

$436,512Estimate is ~12.7% below asking

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

$392,861$480,163

71% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Wortley Village →

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly paymentest. $2,997/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,997
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

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

$499,900

Listed Sep 28, 2026

On the market
$499,900

Listed Sep 28, 2026

On the market

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

Sold comparables nearby

437 Emery Street, London SouthSold

437 Emery Street, London South

4 bd·2 ba·1,500-2,000 sqft
232 Edward Street, London SouthSold

232 Edward Street, London South

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in London South

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$570,167

Sale-to-list ratio

98.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $124,000 household income

Minimum household income required

$124,000

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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Rental market$2,495/mo median for 3 bed nearby

$2,495/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 40 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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