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242 BURLINGTON Street

London South, N5Z 3W5·MLS® X13768528

Listing courtesy of Royal Lepage Triland Realty·Updated 1 hour ago

Listing price

$529,900

Est. $2,524/mo

Days on market

2

Listed Sep 10, 2026

For sale
1 / 48
3bd·1ba·700-1,100sqft·51 to 99 yearsold

Description

Welcome to this 3-bedroom, 1-bathroom home in the desirable Glen Cairn subdivision, offering a fantastic opportunity to build sweat equity and make it your own! The main floor features three generous-sized bedrooms, a bright and inviting living/dining room with lovely golden oak hardwood flooring and automatic blinds, a full bathroom, and an eat-in kitchen with solid wood cabinetry. Downstairs, you'll find a huge recreation room complete with a bar and wood stove-an ideal space for entertaining, relaxing, or family gatherings. A workshop/crafts room plus laundry and storage areas provide plenty of flexibility and functionality. Step outside to your own private backyard oasis! Enjoy the heated in-ground pool, gas line for convenient BBQ hookup, and a beautiful setting backing onto greenspace with no rear neighbours. Whether you're hosting summer gatherings or enjoying a quiet evening by the pool, this backyard offers the privacy and space to truly enjoy outdoor living. Complete with an attached single garage, this home offers great potential in a fantastic Glen Cairn location. Bring your vision and transform this property into the home you've been waiting for!

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Property details

Type
Detached, Bungalow
Age
51-99 years
Lot size
60.15 × 133.35 ft · < .50 acres
Interior
700-1100 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Main
Basement
Full, Finished
Heating
Forced Air
Cooling
None
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer
Pool
Inground
Garage
1 car Attached
Driveway
Private Double (6 spaces)
Parking
7 spaces
Property tax
$3,219/yr (2025)

Rooms

Main

Primary Bedroom
3.15 × 3.79 m
Breakfast
1.43 × 2.69 m
Kitchen
2.4 × 3.69 m
Dining Room
1.87 × 2.5 m
Living Room
3.46 × 5.13 m
Bedroom
2.65 × 2.73 m
Bathroom, 4 Pc Bath
2.31 × 1.99 m
Bedroom
3.37 × 2.73 m
Bedroom
2.65 × 2.73 m

Basement

Den
2.52 × 3.66 m
Other
2.47 × 2.29 m
Cold Room/Cantina
2.5 × 1.6 m
Laundry
3.91 × 2.29 m
Other, Dry Bar
2.34 × 1.85 m
Recreation
7.4 × 8.34 m

AI property estimate

$413,583Estimate is ~22.0% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$372,225$454,941

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Pond Mills

London South, ON

South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,524
Property tax$574
Insurance (est.)$110
Utilities (est.)$250
Total monthly$3,458
Land transfer taxOne-time, on closing

Ontario LTT

$7,073

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$529,900

Listed Sep 10, 2026

On the market

Sold comparables nearby

111 Gerald Crescent, London SouthSold

$543,500

111 Gerald Crescent, London South

3 bd·3 ba·1,100-1,500 sqft
60 Lysanda Avenue, London SouthSold

$566,000

60 Lysanda Avenue, London South

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsLondon South · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$501,417

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$139,000

Based on 20% down, a 7.24% qualifying rate (the 5.24% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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AI estimate

$413,583

Priced above estimate
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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