3202 Emilycarr Lane, London South

Price: $774,900

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13208838

Welcome to 3202 Emilycarr Lane, a beautifully maintained three-bedroom home on a 72-foot wide lot in one of London's most sought-after neighbourhoods. The bright, open-concept main floor seamlessly connects the living, dining, and eat-in kitchen with modern appliances, ample cabinetry, and direct backyard access, perfect for family life and entertaining. Upstairs, all bedrooms feature walk-in closets, including a spacious primary suite with a private ensuite. Outside, enjoy a new roof (2024), double-wide driveway, tasteful landscaping, and a serene backyard with a private gazebo. Located close to schools (Saunders SS and Nicholas Wilson PS), parks, shopping, and major highways (401 and 402), this move-in-ready home offers comfort, style, and space for your family to grow.

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$774,900 - 3202 Emilycarr Lane, London South

Detached for Sale in London South

3Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13208838
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
London South
Lot Size
505 sqft
Listing Brokerage
THRIVE REALTY GROUP INC.
Description

Welcome to 3202 Emilycarr Lane, a beautifully maintained three-bedroom home on a 72-foot wide lot in one of London's most sought-after neighbourhoods. The bright, open-concept main floor seamlessly connects the living, dining, and eat-in kitchen with modern appliances, ample cabinetry, and direct backyard access, perfect for family life and entertaining. Upstairs, all bedrooms feature walk-in closets, including a spacious primary suite with a private ensuite. Outside, enjoy a new roof (2024), double-wide driveway, tasteful landscaping, and a serene backyard with a private gazebo. Located close to schools (Saunders SS and Nicholas Wilson PS), parks, shopping, and major highways (401 and 402), this move-in-ready home offers comfort, style, and space for your family to grow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,975.64/mo

Includes CMHC insurance ($21,620)

$
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5%10%50%

5-yr fixed avg.

Principal: $697,410Interest: $473,662
Mortgage Amount$719,030
Total Interest$473,662
Est. Property Tax$549/mo
Total Cost$1,192,692

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: London South

Discover London South

London South 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 London South

  • 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

London South 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

3202 Emilycarr Lane, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$549
Insurance (est.)-$161
Net Cash Flow+$2,190

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 $387/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 22 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.

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.

Investment Perspective

Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3202 Emilycarr Lane, London South | $774,900 | Battaglia Team