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.
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $435 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.Ask Zara a follow-up
Inside 242 Martinet Ave
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Partially Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Partially Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
242 Martinet Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13876142$479,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 242 Martinet Ave 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
$2,353
/mo
based on the purchase price of $479,000
$95,800 cash
$383,200 financed
$322,755 total interest
Principal54%$383,200
Interest46%$322,755
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 PropTx 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 PropTx 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.
For homeowners nearby
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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 PropTx, 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 2–3 bed homes for sale in London around $479K.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings2,414Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with Apr 11 – Jul 10, 2026: prices down.
Based on 1,868 sales from Jul 10 – Oct 8, 2026 (1,390 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 242 Martinet Ave
How much is 242 Martinet Ave listed for?
242 Martinet Ave is listed at $479,000 (MLS® X13876142). Summitly updates the price as soon as the MLS® record changes.
Is $479,000 a good price for 242 Martinet Ave?
Summitly rates it Good Deal: the asking price is 3% to 10% below 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 Martinet Ave changed?
No — 242 Martinet Ave is still listed at its original asking price of $479,000.
How many bedrooms and bathrooms does 242 Martinet Ave have?
242 Martinet Ave has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a semi-detached home in London.
How much would the monthly mortgage be on 242 Martinet Ave?
About $2,353 a month — principal and interest on $479,000 with 20% down ($95,800), 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.
Are there open houses at 242 Martinet Ave?
Yes — Sunday, October 11, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 242 Martinet Ave compare with other homes in London?
Its asking price of $479,000 is about 15% below the median sold price in London over the last 90 days, $562,500, across 1,868 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 Martinet Ave been sold before?
Summitly has no earlier MLS® sale or lease of 242 Martinet Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 242 Martinet Ave?
242 Martinet Ave is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 242 Martinet Ave been on the market?
242 Martinet Ave was listed today (October 8, 2026).
What is the price per square foot of 242 Martinet Ave?
About $319 to $435 per square foot: the asking price of $479,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 242 Martinet Ave have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
