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For sale
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$469,900

Estimated value $446K to $493K

Est. $2,201/mo mortgage

3bd·1ba·700-1,100sqft

242 Burlington Street · London, N5Z 3W5

MLS® X14118360

Listed todayListed today

Listing courtesy of Royal Lepage Triland Realty·Listing last changed 3 hours ago

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
60.15 × 133.35 ft · < 0.50 acres
Age
51-99 years
Parking
7 spaces
Property tax
$3,219/yr (2025)

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

Interior

Size
700-1,100 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Main
Basement
Full, Finished
Heating
Forced Air
Cooling
None

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
60.15 × 133.35 ft · < 0.50 acres
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer
Pool
Inground

Parking

Garage
1 car Attached
Driveway
Private Double (6 spaces)
Parking
7 spaces

Fees & taxes

Property tax
$3,219/yr (2025)

Rooms

Main

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

Basement

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

Estimated value range

$446K to $493K

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, 130 m

Elementary

  • St Sebastian Separate School

    130 m · Grades JK-8

    London District Catholic School Board

    6.2
  • C C Carrothers Public School

    290 m · Grades JK-8

    Thames Valley District School Board

    2.9
  • Glen Cairn Public School

    810 m · Grades JK-8

    Thames Valley District School Board

    3.2

Secondary

  • G A Wheable Secondary School

    1.3 km · Grades 9-12

  • B Davison Secondary School

    1.8 km · Grades 9-12

    Thames Valley District School Board

  • Sir Wilfrid Laurier Secondary School

    2.0 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. $2,818/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,201
Property tax$268
Insurance (est.)$98
Utilities (est.)$250
Total monthly$2,818
Land transfer tax$5,873 on closing

Ontario LTT

$5,873

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 6% from the first ask

$469,900↓ 6%

Listed today

On the market
$499,900

Listed Sep 30, 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
91 Jacqueline Street, London SouthSold

91 Jacqueline Street, London South

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

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$468,900

Sale-to-list ratio

96.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $115,000 household income

Minimum household income required

$115,000

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$2,350/mo median for 3 bed nearby

$2,350/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 48 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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