196 Emery Street · London, N6C 2E2
MLS® X14149382
Listed Nov 2, 2026
Listing courtesy of Royal Lepage Triland Premier Brokerage·Listing last changed yesterday
Key facts
- Property type
- Triplex
- Square footage
- 2,500-3,000 sqft
- Lot size
- 40 × 189 ft
- Parking
- 4 spaces
- Property tax
- $6,149/yr (2026)
Description
Wortley Village charm meets a thoughtfully updated investment property in this well-kept, legally licensed duplex currently configured and occupied as three residential units. Updated from top to bottom, with hard-surface flooring throughout, convenience of in-suite laundry in every unit and covered parking in the rear, this property offers features tenants truly appreciate. Fully rented with excellent tenants, it's an established investment in one of London's most sought-after neighbourhoods. The impressive 189-foot-deep lot offers space for additional parking or potential future development, subject to applicable approvals - buyer to verify. A compelling combination of location, condition and long-term potential. Flexible closing available. Financials and a detailed list of updates are available upon request. Please note that the Main and Upper units in the triplex are the same, as such photos weren't taken of all units, that is reflected in the floor plan.
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Property details
Interior
- Size
- 2,500-3,000 sqft
- Bedrooms
- 4 above grade, 2 lower level
- Rooms
- 10 rooms · 3 kitchens
- Bathrooms
- 1 × 4-piece on Second, 1 × 4-piece on Ground, 1 × 3-piece on Basement
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Triplex, 2-Storey
- Lot size
- 40 × 189 ft
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 3 car Carport
- Driveway
- Available, Covered, Private (1 space)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $6,149/yr (2026)
Rooms
Main
- Bedroom 2
- 3.57 × 2.54 m
- Dining Room
- 3.32 × 2.81 m
- Family Room
- 4.77 × 3.54 m
- Kitchen
- 3.58 × 2.43 m
- Bedroom
- 3.32 × 3.6 m
Upper
- Family Room
- 6.12 × 3.54 m
- Bedroom 2
- 3.63 × 2.54 m
- Kitchen
- 3.35 × 2.42 m
- Dining Room
- 3.31 × 2.85 m
- Bedroom
- 3.03 × 4.21 m
Lower
- Recreation
- 3.32 × 4.64 m
- Foyer
- 2.9 × 4.33 m
- Kitchen
- 3.58 × 2.42 m
- Bedroom
- 3.32 × 2.93 m
- Bedroom 2
- 3.58 × 3.32 m
Estimated value range
$784K to $866K
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
DirectionsLondon South, ON
Established neighbourhood with character homes and walkable local businesses south of downtown.
Schools nearbyclosest is Wortley Road Public School, 260 m
Elementary
- 6.8
Wortley Road Public School
260 m · Grades JK-8
Thames Valley District School Board
- 7.5
St Martin Separate School
590 m · Grades JK-8
London District Catholic School Board
- 7.4
Mountsfield Public School
920 m · Grades JK-8
Thames Valley District School Board
Secondary
- 4.2
London South Collegiate Institute
890 m · Grades 9-12
Thames Valley District School Board
- 2.7
Westminster Secondary School
2.2 km · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
2.7 km · Grades 9-12
London District Catholic School Board
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. $4,799/mo all in
Monthly payment estimate
Land transfer tax$12,973 on closing
Ontario LTT
$12,973
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 Nov 2, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold193 Clarence Street, London East
Sold103 McClary Avenue, London South
See what these 5 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBalanced market in London
5.9 months of inventory: supply and demand are roughly balanced. Nearby, 5 sales in the last 90 days went for an average of 95.2% of asking.
Avg. sold price
$596,200
Sale-to-list ratio
95.2%
Based on 5 recent comparable sales near this home.
Affordabilityneeds $199,000 household income
Minimum household income required
$199,000
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$2,850/mo median for 4 bed nearby
$2,850/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 11 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.
Get notified about similar homes
New triplex listings in Old South.
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.
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