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221 EMERSON AVENUE S, London South (South I) — listed at $739,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in London South (South I) before counting on it.
Is 221 EMERSON AVENUE S a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,250, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 4 spaces — Detached Garage, Garage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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