118 Emery Street, London South

Price: $429,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13790836

Welcome to 118 Emery Street West, a fantastic opportunity for first-time buyers, investors, or anyone looking to build equity in a well-located neighbourhood. Ideally situated just steps from The Coves, enjoy endless walking trails and nature while also being just minutes from Wortley Village, downtown London, schools, shopping, restaurants, public transit, and other everyday amenities.The bright main floor offers a functional layout with a spacious front living and dining area that flows seamlessly into the kitchen, complete with ample cabinetry, pantry storage, and plenty of workspace. Toward the back of the home, you'll find a second family room with patio doors leading to the upper deck, creating the perfect space for indoor-outdoor living and entertaining. The main floor features three bedrooms, including a spacious primary bedroom with double closets and convenient cheater access to the 3-piece bathroom with tub. The finished lower level offers even more living space with a large rec room, office, second 3-piece bathroom with a walk-in glass shower, laundry area, abundant storage, and a separate rear walkout to the backyard. Outside, enjoy a spacious backyard with a patio area and storage shed, offering plenty of room to relax, garden, or entertain. Additional updates include a 2023 furnace with a transferable 10-year warranty, 200-amp electrical service, and a separate electrical panel to the rear of the property. Whether you're looking for your first home or a smart investment in a great location, 118 Emery Street West is full of opportunity.

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active

$429,900 - 118 Emery Street, London South

Detached for Sale in London South

38 days on market

Neighbourhood: South E

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
X13790836
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London South
Taxes (2025)
$2,900
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Welcome to 118 Emery Street West, a fantastic opportunity for first-time buyers, investors, or anyone looking to build equity in a well-located neighbourhood. Ideally situated just steps from The Coves, enjoy endless walking trails and nature while also being just minutes from Wortley Village, downtown London, schools, shopping, restaurants, public transit, and other everyday amenities.The bright main floor offers a functional layout with a spacious front living and dining area that flows seamlessly into the kitchen, complete with ample cabinetry, pantry storage, and plenty of workspace. Toward the back of the home, you'll find a second family room with patio doors leading to the upper deck, creating the perfect space for indoor-outdoor living and entertaining. The main floor features three bedrooms, including a spacious primary bedroom with double closets and convenient cheater access to the 3-piece bathroom with tub. The finished lower level offers even more living space with a large rec room, office, second 3-piece bathroom with a walk-in glass shower, laundry area, abundant storage, and a separate rear walkout to the backyard. Outside, enjoy a spacious backyard with a patio area and storage shed, offering plenty of room to relax, garden, or entertain. Additional updates include a 2023 furnace with a transferable 10-year warranty, 200-amp electrical service, and a separate electrical panel to the rear of the property. Whether you're looking for your first home or a smart investment in a great location, 118 Emery Street West is full of opportunity.

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Estimate your monthly payments for this property

Estimated Payment

$2,205.61/mo

Includes CMHC insurance ($11,994)

$
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5%10%50%

5-yr fixed avg.

Principal: $386,910Interest: $262,779
Mortgage Amount$398,904
Total Interest$262,779
Est. Property Tax$305/mo
Total Cost$661,683

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South E

Discover South E

South E is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South E

  • •Convenient location in London South
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

South E offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

118 Emery Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
6.7%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$2,405

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $391/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About South E

I know South E well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    118 Emery Street, London South | $429,900 | Battaglia Team