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South U, London South
$599,000
Welcome to 163 Emerald Rd! From the moment you arrive, the covered front porch and welcoming foyer set the tone for this warm and well-cared-for home. The main floor offers a bright and spacious kitchen with ceramic tile flooring, a comfortable dining area, and a generous living room featuring hardwood floors. Large windows overlook the fully fenced backyard, bringing in plenty of natural light and providing an easy connection to the outdoor living space. A convenient 2-piece powder room completes the main level. Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite with a walk-in closet and private ensuite featuring a relaxing jacuzzi-style tub. A 4-piece main bathroom serves the additional bedrooms. The finished lower level adds even more room to spread out, with a large family room complete with a gas fireplace and wet bar, waterproof vinyl flooring, and a convenient 3-piece bathroom. The unfinished utility area provides laundry along with excellent storage space. Step outside to enjoy the fully fenced backyard, complete with a stamped concrete patio that creates the perfect spot for summer entertaining, morning coffee, or relaxing with family. A double-wide driveway and attached garage provide plenty of parking and everyday convenience. Major updates include a newer roof, furnace, and air conditioning, offering added peace of mind. With its functional layout, finished lower level, private backyard, and sought-after features throughout, this home is ready for its next chapter.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,889 |
| Lot Size | 29.53 ft x 111.34 ft |
| mls© Number | X13797594 |
| Listed By | BLUE FOREST REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $324
- Heat allowance
- $150
- Housing costs
- $3,540 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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