$499,900
London South
37 Emery Street West, London South (South E), Ontario, N6J1R7
This 4-bedroom, 3-bathroom home in London South is for sale offering roughly 900 sq ft of space. It has been on the market 39 days, fresher than the London South average of 58 days.
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. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 39 days on market, against an average age of 58 days across the listings currently for sale in this city
This 4-bed single family in London South (South E) has been listed for 39 days, which is 19 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 7.7× the local median household income of $65,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6J)
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