$549,900
Est. $2,576/mo mortgage
199 Burlington Street · London South, N5Z 3V9
MLS® X13836098
Listed Sep 28, 2026
Listing courtesy of Housesigma INC.·Updated 3 hours ago
Description
Welcome to this beautifully maintained 3-bedroom, 2-bathroom bungalow, ideally situated on a quiet, family-oriented street in London, Ontario. Demonstrating true pride of ownership, this home has been exceptionally well cared for inside and out, with more than $75,000 in thoughtful updates that offer comfort, style, and peace of mind for its next owner.The bright main level features new flooring and fresh paint throughout, a fully renovated kitchen with updated appliances - including a induction stove - and a beautifully renovated bathroom. Downstairs, the finished basement offers a separate entrance and excellent flexibility for extended family, rental income, or multi-generational living. The basement previously contained a full kitchen apartment; although the kitchen was removed by the current owner, the space could be easily converted back. This creates an exciting opportunity for a savvy house hacker looking to offset mortgage costs or an investor exploring two-unit potential.Major improvements by the Owner include: New Furnace (2020), Basement renovation (2022), Full kitchen renovation (2022), New kitchen appliances (2022), New Washer & Dryer (2022), Fully renovated bathroom (2022), Hot water on Demand (2022), New sump pump (2023), New Bay window (2024) New air conditioner (2025), New deck (2025), New Fence (2025), New flooring (2026), Main floor painted (2026), New Roof (2026) From its extensive mechanical and cosmetic upgrades to its inviting indoor and outdoor spaces, every detail reflects the owner's commitment to maintaining and improving this home. Move in with confidence and enjoy a turnkey property with outstanding versatility and income potential.
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Property details
Interior
- Size
- 700-1100 sqft
- Rooms
- 12 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 3-piece on Basement
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 60 × 100.08 ft
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $3,620/yr (2025)
Rooms
Main
- Kitchen
- 2.92 × 3.51 m
- Bedroom 3
- 3.54 × 2.82 m
- Primary Bedroom
- 3.38 × 3.41 m
- Bedroom 2
- 2.58 × 3.41 m
- Living Room
- 6.31 × 4.01 m
- Dining Room
- 3.23 × 2.51 m
Basement
- Study
- 4.81 × 3.36 m
- Recreation
- 6.31 × 3.36 m
- Other
- 2.28 × 3.44 m
- Common Room
- 7.42 × 3.36 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
75% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon South, ON
South London neighbourhood featuring the protected Pond Mills Environmentally Significant Area.
Monthly paymentest. $3,272/mo all in
Monthly payment estimate
Land transfer tax$7,473 on closing
Ontario LTT
$7,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Sep 28, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$415,000
178 East Street, London East
Sold$415,000
119 ALEXANDRA Street, London South
See what these 6 homes sold for
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Market conditionsBuyer's market in London South
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.6% of asking.
Avg. sold price
$398,317
Sale-to-list ratio
94.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $135,000 household income
Minimum household income required
$135,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$2,275/mo median for 3 bed nearby
$2,275/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 50 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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