242 Burlington St is a 3-bedroom, 1-bathroom detached home in London, listed for $469,900. It has 700-1100 sq ft of living space.
1Step outside to your own private backyard oasis!
2Enjoy the heated in-ground pool, gas line for convenient BBQ hookup, and a beautiful setting backing onto greenspace with no rear neighbours.
3Whether 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.
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!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $671 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 242 Burlington St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Full · Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0.184
Listing & possession
Property style
Bungalow
Property class
Detached
242 Burlington St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14118360$469,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 242 Burlington St Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,308
/mo
based on the purchase price of $469,900
$93,980 cash
$375,920 financed
$316,623 total interest
Principal54%$375,920
Interest46%$316,623
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 2–4 bed homes for sale in London around $470K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,502Homes for sale here right now.
Median vs prior 90 days−1.9%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 1,814 sales from Jul 28 – Oct 26, 2026 (1,476 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 242 Burlington St
How much is 242 Burlington St listed for?
242 Burlington St is listed at $469,900 (MLS® X14118360). Summitly updates the price as soon as the MLS® record changes.
Is $469,900 a good price for 242 Burlington St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 242 Burlington St changed?
No — 242 Burlington St is still listed at its original asking price of $469,900.
How many bedrooms and bathrooms does 242 Burlington St have?
242 Burlington St has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 242 Burlington St?
About $2,308 a month — principal and interest on $469,900 with 20% down ($93,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 242 Burlington St compare with other homes in London?
Its asking price of $469,900 is about 16% below the median sold price in London over the last 90 days, $558,950, across 1,814 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 242 Burlington St been sold before?
Summitly has no earlier MLS® sale or lease of 242 Burlington St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 242 Burlington St?
242 Burlington St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 242 Burlington St been on the market?
242 Burlington St was listed today (October 26, 2026).
What is the price per square foot of 242 Burlington St?
About $427 to $671 per square foot: the asking price of $469,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 242 Burlington St have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 242 Burlington St have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
