$559,900 - 343 Emery Street, London South
Detached for Sale in London South
59 days on market- MLS Number
- X13027986
- Property Type
- Detached
- Status
- active
- Days on Site
- 59
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- BLUE FOREST REALTY INC.
343 Emery St E is move-in ready and beautifully updated. This home is an ideal opportunity for first-time buyers or those looking to downsize without compromise. Set in sought after Wortley Village, it offers a bright and inviting main floor with stunning vaulted ceilings in the living and dining areas, flowing seamlessly into a functional kitchen designed for everyday living. The home offers two full bathrooms, including an updated 4pc main bath, along with rich oak flooring and fresh paint that create a warm, timeless feel. Main floor also includes a bedroom, and a bright great room with a gas burning fireplace. Upper floor offers a bright spacious primary suite with its own 4pc bath, an office nook and lots of storage. The lower level adds valuable living space with a versatile area ideal for a home office and a cozy family room. At the back of the home, a large multi-purpose sunroom provides the perfect flex space, ideal as a mudroom, gym, or additional sitting area. Step outside from your sunroom to a private, treed backyard with a back deck and a patio, while the garage has been partially drywalled, offering great potential as a workshop or additional storage. Recent updates include fresh paint, updated Heat Pump, some updated windows (great room & Dining 2023), Porch railing & front steps and wooden privacy fence at the back of the property providing peace of mind for years to come. Conveniently located in the heart of Wortley Village, just minutes to LHSC, schools, and all amenities, this is a home that truly checks the boxes.
Estimate your monthly payments for this property
Estimated Payment
$2,872.58/mo
Includes CMHC insurance ($15,621)
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 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
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.
343 Emery Street, London South
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $509/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.
Negotiation Opportunity
At 59 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $2,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.