



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$499,900
London East
1121 Gatewood Road, London East (East A), Ontario, N5Y4Z3
This 2-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 13% below the $574,900 median asking price in London East.
If you have been waiting for a home that offers the perfect location along with complete pride of ownership, your search ends here! This brick bungalow in a lovely neighborhood is just steps to Ed Blake Park, a short walk to Louise Arbour, Northbrae, and Monseigneur-Bruyere schools, Thames Valley Trails, many local amenities, and a short bus or drive will get you to Fanshawe, Western, SJHC and University Hospital. This extremely well-maintained home features a traditional living/dining room and a recently upgraded eat-in-kitchen with stunning white cabinetry, quartz countertops, beautiful subway tile backsplash, gas stove, stainless fridge and dishwasher. The large recroom has a roughed-in wet bar that could be set up, and the rest of the basement has very generous storage space including washing machine and gas dryer. The side entrance porch boards and backyard fence entrance are newer. Enjoy the private, fully fenced backyard, and the cute shed will be useful for many outdoor items. Basement, living room, bathroom, kitchen and bedroom windows have all been replaced. Other upgrades include, gas water tank (2020), custom California shutters (2019), luxury plank flooring throughout main floor (2019), R60 insulation in the attic (2019), furnace and a/c (2019), skylight in office was replaced with Solatube (2019),concrete drive (2017) and roof (2013). Excellent value here - simply move in and enjoy! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 88 days on market, against an average age of 47 days across the listings currently for sale in this city
This 2-bed single family in London East (East A) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 7.9× the local median household income of $63,600.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Y)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.