$499,900 - 37 Emery Street, London South
Detached for Sale in London South
Neighbourhood: South E
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- MLS Number
- X13833930
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Taxes (2026)
- $3,001
- Listing Brokerage
- THRIVE REALTY GROUP INC.
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.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
5-yr fixed avg.
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.
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
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.
37 Emery Street, London South
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $714/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 26 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.