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Price Change$549,900

199 Burlington Street

South J, London South

$524,900

Detached|Bungalow
3 | 2 | 3
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,620
Lot Size60 ft x 100.08 ft
mls© NumberX13836098
Listed ByHOUSESIGMA INC.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,687
Property tax
$302
Heat allowance
$150
Housing costs
$3,138 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $104,980
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$104,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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