201 Emerson Avenue, London South

$499,800
201 Emerson Avenue

$499,800

New
31d
DetachedBungalow-Raised

201 Emerson Avenue, London South

Total Monthly Obligation $2,855

Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
31d
Score
26
Yield
7.2%
Cash on Cash
4.5%
Cap Rate
5.6%
5Y IRR
19.2%
10Y IRR
17.6%
Property Type-Detached
MLS® Number-X13820548
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40.1 × 135.34 ft
Listed on site-Sep 22, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,566 (2025)
Parking-3 - None
Basement-Finished
Heating-Heat Pump (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South I
Title-Residential Freehold

No agent assigned

**Attention investor and first-time home buyer** Welcome to this renovated 3-bedroom detached bungalow, offering an excellent opportunity for first-time buyers, families, or investors. Situated in a quiet, family-friendly neighborhood, This home features a bright open-concept layout with spacious living and dining areas, ideal for everyday living and entertaining. The modern kitchen is equipped with stainless steel appliances and updated finishes throughout. All bedrooms are conveniently located on the main floor, along with a versatile den/office space. A separate side entrance and a bedroom walkout to the backyard provide added flexibility and potential for an in-law suite or income-generating use. The finished basement offers additional living space, perfect for a family room, recreation area. Located close to parks, schools, hospitals, and everyday amenities, this home combines comfort, convenience, and in-law potential In a desirable setting,**There are some pictures virtually staged, including curb appeal.**

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,840
Land Transfer Taxes$6,471
Legal Fees (Est.)
$
Total cash required for closing$107,931

Total Monthly Obligation

$2,855/mo
Mortgage $2,016
Monthly Loss $2,324
Principal$531
Interest$1,486
Property Tax$464
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%32
Cash-on-Cash
-1.8%5
5-Year IRR
14.3%67
10-Year IRR
14.1%
Returns Index
35.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,892/yr
NOI
$22,237/yr
Net Cash Flow
-$163/mo
Cash Margin
-5.4%2
Cash Flow Index
1.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
31.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 201 Emerson Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.