349 Emery Street E, London South

$679,000
349 Emery Street E

$679,000

Price Change
18d
Detached1 1/2 Storey

349 Emery Street E, London South

Total Monthly Obligation $3,688

Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
18d
Score
18
Yield
4.9%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13865536
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-30.5 × 132 ft
Listed on site-Oct 5, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$6,890 (2025)
Parking-4 - Detached
Basement-Unfinished, Partial Basement
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South G
Title-Residential Freehold

No agent assigned

Sought after "Old South" just steps to Wortley Village. Stunning open concept design with hardwood floors throughout, ideal for entertaining or family functions. Living room features vaulted ceiling & fireplace. The designer kitchen has an eating bar, great counter space, a built-in stove top and oven. A really good functional kitchen. There is a main floor bedroom (office or den). Laundry is also on the main in a small mudroom. The upper level main bedroom is spacious and very bright. A second bedroom has a deck off it and the third bedroom is used as an exercise room with access to the deck as well. The entire home is beautifully finished, very comfortable and appealing. The exterior is nothing if not pristine. A beautiful concrete driveway leading to a 2 car garage which is heated and air conditioned. Lots of curb appeal for this property. Its a "10". See it today!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$543,200
Land Transfer Taxes$10,055
Legal Fees (Est.)
$
Total cash required for closing$147,355

Total Monthly Obligation

$3,688/mo
Mortgage $2,739
Monthly Loss $2,967
Principal$721
Interest$2,018
Property Tax$574
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,528/yr
NOI
$18,785/yr
Net Cash Flow
-$1,173/mo
Cash Margin
-42.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.3/ 100

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

Comparables

Properties near 349 Emery Street E

Time

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