163 Emerson Street
London South, ON N5Z 3L5
NewActiveFor Sale
4 Beds
3 Baths
1,100 Sq Ft
6,243 Lot Sq Ft
Multi-Family
About This Property
PROPERTY OVERVIEW AND INCOME: This legal duplex, permitted and converted in 2021, is located on a quiet street close to the hospital, frequently attracting medical professionals. The front unit features 2 bedrooms and 1 bathroom, occupied by long-term tenants at $1,200 permonth. The larger rear unit features 2 bedrooms and 2 bathrooms, rented as a mid-term furnished unit for $2,890 per month, and will be sold fully furnished. Total gross monthly income is $4,090.2021 CAPITAL IMPROVEMENTS: The entire property underwent a full, permitted renovation in 2021. Upgrades for both units include 2 full kitchens, 2 bathrooms, 2 forced-air furnaces, 2 hot water heaters, 2 otr microwaves, and 2 in-suite washers, and dryers. Exterior improvements feature new siding across the entire structure and newly added decks for each unit, each complete with natural gas barbecue connections and bbq's included! This property is immediately ready for rental income.
Property Details
StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,100 sq ft
Lot Size6,243 sq ft
Bedrooms4
Bathrooms3
ListedJune 4, 2026
Postal CodeN5Z 3L5
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13243428
Listed by STREETCITY REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,803
/month · $459,200 mortgage
Down Payment20% — $114,800
Interest Rate5.5%
Amortization
Total Interest
$381,675
Total Cost
$840,875
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
STREETCITY REALTY INC.