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Listed 28 days ago

118 Emery Street W

South E, London South

$429,900

Detached|Bungalow
3 | 2 | 3
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,900
Lot Size35 ft x 137 ft
mls© NumberX13638408
Listed ByKELLER WILLIAMS LIFESTYLES

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,200
Property tax
$242
Heat allowance
$150
Housing costs
$2,592 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,980
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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