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For sale
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$479,000

Estimated value $455K–$503K

Est. $2,244/mo mortgage

3bd·2ba·1,100-1,500sqft

242 MARTINET Avenue · London East, N5V 4B2

MLS® X13876142

4 days on market4 days on market

Listed Oct 8, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed 2 days ago

Key facts

Property type
Semi-Detached
Square footage
1100-1500 sqft
Lot size
34.62 × 108.54 ft
Parking
3 spaces
Property tax
$3,282/yr (2026)

Description

Welcome to 242 Martinet Avenue. This well cared for semi detached home sits on a corner lot with extra side yard space and an attached garage. Inside you will find a comfortable layout with plenty of natural light and updates that make the home easy to settle into. The main living area features a gas fireplace and skylight along with new interior light fixtures that give the space a fresh feel. The main floor washroom has been updated while the lower level has been refreshed with vinyl flooring and offers flexible space for a family room, home office or kids' zone. The backyard extends the living space outdoors with a recently stained and sealed deck that is ready to be enjoyed. The roof was replaced in 2022 and six appliances are included. Located close to schools parks shopping and everyday amenities. Let's run the numbers and compare for value! This is a home that offers the space, convenience, updates and a price point that make sense for today's buyer.

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Property details

Interior

Size
1100-1500 sqft
Rooms
6 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Partially Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Semi-Detached, 2-Storey
Lot size
34.62 × 108.54 ft
Exterior
Vinyl Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Inside Entry, Other (2 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$3,282/yr (2026)

Rooms

Main

Kitchen
3.04 × 2.94 m
Living Room
4.57 × 3.5 m
Dining Room
2.99 × 2.89 m

Second

Bedroom
3.96 × 3.53 m
Bedroom
3.45 × 3.2 m
Primary Bedroom
4.34 × 3.35 m

Lower

Recreation
5.1 × 4.11 m

Estimated value range

$455K–$503K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,883/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,244
Property tax$273
Insurance (est.)$100
Utilities (est.)$250
Total monthly$2,867
Land transfer tax$6,055 on closing

Ontario LTT

$6,055

First-time rebate

−$4,000

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

Price & listing history

$479,000

Listed Oct 8, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

25 Noel Avenue, London EastSold

25 Noel Avenue, London East

3 bd·2 ba·700-1,100 sqft
220 ADMIRAL Drive, London EastSold

220 ADMIRAL Drive, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.4 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$411,483

Sale-to-list ratio

94%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $119,000 household income

Minimum household income required

$119,000

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$2,449/mo median for 3 bed nearby

$2,449/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 23 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.

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519-859-4579 · colin@searchlondonhomes.com

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