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For sale
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$349,900

Estimated value $332K to $367K

Est. $1,639/mo mortgage

3bd·2ba·1,000-1,199sqft

75 Gatewood Place #24 · London, N5Y 5A4

MLS® X13151550

169 days on market169 days on market

Listed May 20, 2026

Listing courtesy of Real Broker Ontario LTD·Listing last changed Aug 20

Key facts

Property type
Condo townhouse
Square footage
1,000-1,199 sqft
Storeys
2
Parking
1 space
Property tax
$1,945/yr (2025)

Description

Discover an excellent opportunity for first-time buyers, or investors with this freshly painted 3-bedroom, 1.5-bath end-unit townhouse condo in a convenient London location. Offering a functional layout with bright principal rooms and the added privacy and natural light that come with an end unit, this home is move-in ready while still offering room to add your own personal touches and value over time.The main level provides comfortable everyday living space, while the lower level includes a rec room with fireplace insert PLUS a media room, laundry and the flexibility for storage or additional use depending on your needs. Whether you're looking for an affordable place to call home or a solid investment property, this unit offers versatility and strong potential.Ideally located close to shopping, schools, parks, public transit, and everyday amenities, this is an opportunity to get into the London market at an accessible price point.Photos depict the actual rooms with virtual staging applied to remove tenant belongings and help showcase the home's potential.

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Property details

Interior

Size
1,000-1,199 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Ground, 1 × 4-piece on Second
Basement
Partial Basement
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Condo townhouse, 2-Storey
Exterior
Aluminum Siding, Brick Veneer
Storeys
2
Exposure
South

Parking

Parking
1 space
Locker
None

Fees & taxes

Condo fee
$420/mo
Pets
Yes, with restrictions
Property tax
$1,945/yr (2025)
Corporation
MCC 334
Managed by
Larlyn

Rooms

Main

Kitchen
5.1 × 3.8 m
Living Room
3.99 × 5.5 m
Bathroom, 2 Pc Bath
1.53 × 1.24 m

Second

Bedroom 2
2.57 × 3.05 m
Bedroom 3
2.42 × 3.35 m
Bathroom, 4 Pc Bath
2.54 × 1.54 m
Bedroom
4.39 × 3.81 m

Basement

Family Room
4.24 × 3.96 m
Media Room
3.42 × 3.6 m

Estimated value range

$332K to $367K

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
Huron Heights →

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Schools nearbyclosest is École secondaire catholique Monseigneur-Bruyère, 310 m

Elementary

  • École élémentaire catholique Monseigneur-Bruyère

    330 m · Grades 7-8

  • École élémentaire Gabriel-Dumont

    350 m · Grades 7-8

  • Northbrae Public School

    350 m · Grades JK-8

    Thames Valley District School Board

    6.7

Secondary

  • École secondaire catholique Monseigneur-Bruyère

    310 m · Grades 9-12

    Conseil scolaire de district des écolesCatholique

    6.3
  • Montcalm Secondary School

    1.9 km · Grades 9-12

    Thames Valley District School Board

    2.8
  • A B Lucas Secondary School

    2.2 km · Grades 9-12

    Thames Valley District School Board

    6.8

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. $2,544/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,639
Property tax$162
Insurance (est.)$73
Utilities (est.)$250
Condo fee$420
Total monthly$2,544
Land transfer tax$3,724 on closing

Ontario LTT

$3,724

First-time rebate

−$3,724

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$349,900

Listed May 20, 2026

On the market

Sold comparables nearby

32 - 1318 Highbury Avenue, London EastSold

32 - 1318 Highbury Avenue, London East

3 bd·3 ba·1,200-1,399 sqft
40 Arbour Glen Crescent, London EastSold

40 Arbour Glen Crescent, London East

2 bd·2 ba·1,000-1,199 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

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 92.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$330,000

Sale-to-list ratio

92.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $86,000 household income

Minimum household income required

$86,000

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? Call Colin at (226) 212-5099 or text

Rental market$2,500/mo median for 3 bed nearby

$2,500/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 56 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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(226) 212-5099 · Email Colin

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Colin Abbot, Broker

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.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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