$779,000 - 482 Emery Street, London South
Detached for Sale in London South
46 days on market- MLS Number
- X13077896
- Property Type
- Detached
- Status
- active
- Days on Site
- 46
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London South
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Set in the heart of Old South, this timeless Ontario cottage blends the charm of Wortley with the conveniences of a 2-storey rear addition. It's where classic charm meets the function today's families need. At over 2500sq' of finished living space, this home is composed of 5 bedrooms, 3 full baths, & sits on a 180' deep private lot. The original cottage proudly showcases its history w/ stained glass windows, wide plank flooring underfoot, & high ceilings that give each room a sense of openness. A bold main floor bath features the original claw-foot tub & a striking wood accent wall, while an enormous laundry room adds a level of function rarely found in homes of this vintage. A quiet office offers a place to focus, while also concealing a hidden upper retreat - an elevated space w/ vaulted ceilings & a large skylight that pours in natural light, making it ideal as a home gym, or creative workspace. The heart of the home is the charming middleman - bridging the original home & opening into the addition, where 10' ceilings & an airy layout create an inviting atmosphere. A gas fireplace mantle anchors the space, while a built-in bar is ready to host gatherings. Sliding glass doors draw your attention to the backyard retreat, & practical mud area off the driveway introduces you to huge storage closets. The mature backyard shows off a newer deck, manicured gardens, & a powered garden shed that lends itself equally well to gardening or a retreat space. Upstairs, the addition offers 3 large bedrooms, a fully updated 4PC bathroom, & a primary suite that'll make your jaw drop. The huge walk-in closet is lit by a full-sized window, while the updated ensuite reals you in. The cherry on top? A private patio off the primary overlooks the lush, quiet yard - your morning coffee reset. This home is two blocks from schools, parks, cafes, & minutes to Victoria Hospital, showcasing that perfect blend between character, space and location in one of London's most prized neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,996.67/mo
Includes CMHC insurance ($21,734)
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.
482 Emery Street, London South
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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 $390/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 46 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.
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 $3,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.