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South E, London South
$429,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,900 |
| Lot Size | 35 ft x 137 ft |
| mls© Number | X13638408 |
| Listed By | KELLER 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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