199 Emerald Rd is a 3-bedroom, 1-bathroom detached home in London, listed for $540,000. It has 1100-1500 sq ft of living space.
1Inside, you are welcomed by a light-filled kitchen, a generous primary suite, and a versatile lower-level recreation room ideal for family play or relaxing evenings.
2Outdoor living is effortless with a fully fenced backyard and a deck, perfect for hosting summer gatherings.
3This is a rare opportunity for first-time buyers and growing families alike!
Experience the perfect blend of value, comfort and community in this lovely 3-bedroom home, nestled on a peaceful, family-friendly street in the heart of desirable Summerside. Inside, you are welcomed by a light-filled kitchen, a generous primary suite, and a versatile lower-level recreation room ideal for family play or relaxing evenings. Outdoor living is effortless with a fully fenced backyard and a deck, perfect for hosting summer gatherings. Ideally positioned for a lifestyle of convenience, this home is moments away from top-rated schools, scenic walking trails, vibrant shopping, and essential amenities including City Wide Sports Park and Victoria Hospital, with seamless access to Highway 401 for an easy commute. This is a rare opportunity for first-time buyers and growing families alike!
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $491 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 199 Emerald Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
199 Emerald Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,653
/mo
based on the purchase price of $540,000
$108,000 cash
$432,000 financed
$363,857 total interest
Principal54%$432,000
Interest46%$363,857
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 2–4 bed homes for sale in London around $540K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,361Homes for sale here right now.
Median vs prior 90 days−0.9%Compared with May 10 – Aug 8, 2026: prices down.
Based on 1,700 sales from Aug 8 – Nov 6, 2026 (1,520 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 199 Emerald Rd
How much is 199 Emerald Rd listed for?
199 Emerald Rd is listed at $540,000 (MLS® X13822580). Summitly updates the price as soon as the MLS® record changes.
Is $540,000 a good price for 199 Emerald Rd?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 199 Emerald Rd changed?
Yes — it was first listed at $554,900 and is now $540,000, a drop of $14,900 (2.7%).
How many bedrooms and bathrooms does 199 Emerald Rd have?
199 Emerald Rd has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 199 Emerald Rd?
About $2,653 a month — principal and interest on $540,000 with 20% down ($108,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 199 Emerald Rd compare with other homes in London?
Its asking price of $540,000 is about 4% below the median sold price in London over the last 90 days, $560,000, across 1,700 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 199 Emerald Rd been sold before?
Yes — Summitly has 1 earlier MLS® listing of 199 Emerald Rd on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 199 Emerald Rd?
199 Emerald Rd is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 199 Emerald Rd been on the market?
43 days — 199 Emerald Rd was listed on September 24, 2026.
What is the price per square foot of 199 Emerald Rd?
About $360 to $491 per square foot: the asking price of $540,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 199 Emerald Rd have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 199 Emerald Rd have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
