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$499,900

Estimated value $475K to $525K

Est. $2,342/mo mortgage

3bd·2ba·700-1,100sqft

199 Burlington Street · London, N5Z 3V9

MLS® X14117908

Listed todayListed today

Listing courtesy of Housesigma INC.·Listing last changed 4 hours ago

Open house

  • Sun, Nov 1 · 2:00 to 4:00 p.m.

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
60 × 100.08 ft
Parking
3 spaces
Property tax
$3,620/yr (2025)

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
700-1,100 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

Bedroom 2
2.58 × 3.41 m
Dining Room
3.23 × 2.51 m
Bedroom 3
3.54 × 2.82 m
Kitchen
2.92 × 3.51 m
Primary Bedroom
3.38 × 3.41 m
Living Room
6.31 × 4.01 m

Basement

Common Room
7.42 × 3.36 m
Study
4.81 × 3.36 m
Other
2.28 × 3.44 m
Recreation
6.31 × 3.36 m

Estimated value range

$475K to $525K

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
Glen Cairn →

London South, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Schools nearbyclosest is St Sebastian Separate School, 250 m

Elementary

  • St Sebastian Separate School

    250 m · Grades JK-8

    London District Catholic School Board

    6.2
  • C C Carrothers Public School

    440 m · Grades JK-8

    Thames Valley District School Board

    2.9
  • Princess Elizabeth Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    5.8

Secondary

  • G A Wheable Secondary School

    1.1 km · Grades 9-12

  • B Davison Secondary School

    1.5 km · Grades 9-12

    Thames Valley District School Board

  • Sir Wilfrid Laurier Secondary School

    2.2 km · Grades 9-12

    Thames Valley District School Board

    3.9

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $2,998/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$302
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,998
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

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 2 times · asking price down 5% from the first ask

$499,900↓ 5%

Listed today

On the market
$524,900

Listed Oct 21, 2026

On the market

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

Sold comparables nearby

446 Scenic Drive, London SouthSold

446 Scenic Drive, London South

3 bd·2 ba·1,100-1,500 sqft
151 Hale Street, London EastSold

151 Hale Street, London East

2 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

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$440,983

Sale-to-list ratio

96.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $123,000 household income

Minimum household income required

$123,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →
Rental market$2,200/mo median for 3 bed nearby

$2,200/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 51 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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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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Colin Abbot, Broker, Westwood Realty Team

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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