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1121 Gatewood Road

London East, N5Y 4Z3·MLS® X13656962

Listing courtesy of Thrive Realty Group INC.·Updated 3 hours ago

Listing price

$499,900

Est. $2,381/mo

Days on market

1

Listed Aug 10, 2026

For sale
1 / 41
2bd·2ba·700-1,100sqft·31–50 yearsold

Description

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!

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Property details

Basement
Full, Partially Finished
Parking
2 spaces
Type
Detached — Bungalow
Heating
Forced Air
Property tax
$3,437/yr (2026)

AI property estimate

$418,222~16.3% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$363,853$472,591

71% confidence · 25 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Huron Heights

London East, ON

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

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,381
Property tax$542
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,276
Land transfer taxOne-time, on closing

Ontario LTT

$6,473

First-time rebate

$4,000

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

Price & listing history

$499,900

Listed Aug 10, 2026

On the market

Sold comparables nearby

647 Piccadilly Street, London EastSold

$500,000

647 Piccadilly Street, London East

2 bd·2 ba·700-1,100 sqft
867 Colborne Street, London EastSold

$727,000

867 Colborne Street, London East

3 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$564,500

Sale-to-list ratio

99%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$122,867

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$418,222

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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