Basement Finished with Walk-Out, Separate Entrance
What you should know
221 Emerson Ave S is a 5-bedroom, 3-bathroom duplex in London, listed for $739,900. It has 1100-1500 sq ft of living space.
1This property is a fantastic investment opportunity and an excellent potential income source.
2It features a fully finished basement with a separate entrance, as well as a fully finished garden suite with its own separate entrance and 2 bedrooms.
3A great opportunity for investors looking to add a strong income generating property!
This property is a fantastic investment opportunity and an excellent potential income source. It features a fully finished basement with a separate entrance, as well as a fully finished garden suite with its own separate entrance and 2 bedrooms. A great opportunity for investors looking to add a strong income generating property!
5 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $673 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.Ask Zara a follow-up
Inside 221 Emerson Ave S
Every detail from the listing, in one place.
Type
Duplex
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Finished with Walk-Out, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Finished with Walk-Out · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Duplex
221 Emerson Ave S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13707684$739,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 221 Emerson Ave S Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$3,635
/mo
based on the purchase price of $739,900
$147,980 cash
$591,920 financed
$498,552 total interest
Principal54%$591,920
Interest46%$498,552
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 4–6 bed homes for sale in London around $740K.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings2,403Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with Apr 15 – Jul 14, 2026: prices down.
Based on 1,885 sales from Jul 14 – Oct 12, 2026 (1,404 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 221 Emerson Ave S
How much is 221 Emerson Ave S listed for?
221 Emerson Ave S is listed at $739,900 (MLS® X13707684). Summitly updates the price as soon as the MLS® record changes.
Is $739,900 a good price for 221 Emerson Ave S?
Summitly rates it Well Above Market: the asking price is 15% or more 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 221 Emerson Ave S changed?
No — 221 Emerson Ave S is still listed at its original asking price of $739,900.
How many bedrooms and bathrooms does 221 Emerson Ave S have?
221 Emerson Ave S has 5 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in London.
How much would the monthly mortgage be on 221 Emerson Ave S?
About $3,635 a month — principal and interest on $739,900 with 20% down ($147,980), 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 221 Emerson Ave S compare with other homes in London?
Its asking price of $739,900 is about 31% above the median sold price in London over the last 90 days, $564,700, across 1,885 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 221 Emerson Ave S been sold before?
Summitly has no earlier MLS® sale or lease of 221 Emerson Ave S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 221 Emerson Ave S?
221 Emerson Ave S is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 221 Emerson Ave S been on the market?
49 days — 221 Emerson Ave S was listed on August 24, 2026.
What is the price per square foot of 221 Emerson Ave S?
About $493 to $673 per square foot: the asking price of $739,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 221 Emerson Ave S have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 221 Emerson Ave S have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out, Separate Entrance.
