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For SaleDetached · Backsplit 4MLS® #X14170528 · TRREB MLS®

43 Gatewood Cres, London East, Ontario

East A, London East, Ontario N5Y 5B1

Bedrooms
3
Lot Size
60.12 x 118.53 ft
Bathrooms
2
Type
Detached
Basement
Full

$499,900

Estimated market value

About 43 Gatewood Cres

43 Gatewood Cres is a 3-bedroom, 2-bathroom detached house in East A, London East, listed for sale at an asking price of $499,900 (MLS® X14170528).

ORIGINAL OWNERS SINCE 1984! Immaculate 4 level backsplit with DETACHED GARAGE and great curb appeal situated on a private lot in the heart of Huron Heights. Lovingly maintained by its original owners, this bright and spacious 3 bedroom, 2 bathroom home is perfect for first time home buyers, young professionals, empty nesters and investors. Warm and inviting living room with large bay window, high quality laminate flooring and open concept design. Updated kitchen boasts solid wood cabinetry, ceramic tile flooring and all appliances included. Upstairs you will find 3 spacious bedrooms with generous closet space and 4 piece bathroom. Lower level features bright and airy family room with oversized windows and 3 piece bathroom. BONUS unspoiled lower level currently provides plenty of storage space and awaits your finishing touches. The private side door entrance makes it the perfect space for a granny suite/rental unit in the lower level to generate additional income potential. Freshly painted in neutral designer tones. Updates include furnace, central air, metal roof and vinyl replacement windows. Fully fenced private yard with DETACHED WORKSHOP with brand new siding/soffit, is a hobbyist's dream. Situated in a family-friendly neighbourhood just steps from Ed Blake Park offering playground, soccer field, walking trails and splashpad. A PERFECT LOCATION - Close to all amenities including shopping, restaurants, great schools, playgrounds, major highways and London Health Sciences Centre. Pride of ownership is evident in this absolute must see home!

Insights

  • Condition Score

    Good
    73out of 100

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$3,504 / 2025
MLS® number
X14170528
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
700-1100 sqft
Lot Size
60.12 x 118.53 ft
Listed on
Parking
1 Detached, 4 Parking
Listing brokerage: CENTURY 21 FIRST CANADIAN CORPData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 43 Gatewood Cres, London East, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$499,900—For SaleX14170528

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
Backsplit 4
Community
East A
Municipality
London East

Building

Size
700-1100 sqft
Building Age
51-99
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc Upper, 1 × 3pc Lower
Basement Type
Full
Kitchens
1

Parking

Driveway
Private
Garage Type
Detached
Garage
1
Additional Parking
3
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
60.12 ft
Depth
118.53 ft
Lot Size
60.12 x 118.53 ft

Additional

Foundation
Poured Concrete
Roof
Metal
Fireplace
No
Pool
None
Den
Yes
Family room
Yes
Extras
Existing Refrigerator, Stove, Dishwasher, Washer, Dryer

Rooms

RoomSizeFeaturesLevel
Living3.38 × 6.5 m—Main
Kitchen2.73 × 3.37 m—Main
Dining2.12 × 3.13 m—Main
Primary2.86 × 4.17 m—Main
Br2.68 × 3.85 m—Main
Br2.49 × 3.14 m—Main
Family5.8 × 5.92 m—Lower
Other5.96 × 6.5 m—Bsmt

Map and tour

Land transfer tax on this home

Ontario land transfer tax
$6,473
Total land transfer tax
$6,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $499,900
$1,998
Ontario total
$6,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Northbrae Public SchoolThames Valley DSBPublic · grades JK–8400 m68%Grade 6 average
Louise Arbour French Immersion Public SchoolThames Valley DSBPublic · grades JK–8 · French Immersion550 m86%Grade 6 average
St Michael Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81.4 km82%Grade 6 average
École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–82.9 km72%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–12250 m57%Grade 9 math
Montcalm Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion1.9 km33%Grade 9 math
A B Lucas Secondary SchoolThames Valley DSBPublic · grades 9–122.2 km75%Grade 9 math
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–122.3 km44%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Lot

Street frontage
60.12 ft18.3 m
Depth
118.53 ft36.1 m
Lot size
Under 0.50 acresAs the board bands it

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $99,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$99,980
Total mortgage amount
$399,920
Total interest payment
$284,380
Total purchase cost
$784,280
Mortgage payment
$2,281/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$2,573
−$2,573per month
  • Rent $0
  • Shortfall $2,573

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

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