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$400K · 3 bed Condo Townhouse · Unit 24, 75 Gatewood Place, London, Ontario N5Y 5A4 | HomeSearchCanada

$399,900

Unit 24

64 DOM

3264d

Map

DOM 64

$399,900

DOM64days

Unit 24

75 Gatewood Place · London · Ontario N5Y 5A4

MLS® X13151550 · East A · N5Y 5A4

32TenantOccupied1000-1199 ft²Condo TownhouseNonePartial Basement64d$364/ft²$1,945 tax/yrPartial Basement

64 days on market

About this home

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…

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Property details

MLS#: X13151550
Status: Buy Now
Property class: Residential Condo & Other
Beds: 3
Baths: 2 full, 0 half
Rooms: 10
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Partial Basement
Style: 2-Storey
Type: Condo Townhouse
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Tenant Occupied
Washrooms: 2 pc · Ground; 4 pc · Second
Family room: Family room
Central vacuum: No
Ensuite laundry: No

Property features: Public Transit

Condo corp #: 334
Balcony: None
Locker: None
Fees include: Building Insurance Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Aluminum Siding, Brick Veneer
Fronting on: —
Cross street: Gatewood Crescent
Stories: 1
Utilities: —
Laundry: In Basement
Interior: Water Heater
Parking features: Reserved/Assigned

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: REAL BROKER ONTARIO LTD

Source: TRREB/PROPTX · MLS® X13151550

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$400K

Unit 24 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $399,900✓ $1,945 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,694/mo

incl. closing costs (yr 1)

Annual total

$44,323

year 1

Mortgage only

$1,517/mo

principal + interest

Beyond mortgage

$1,345/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$79,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$162/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$35/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,474

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $18,205/yr

Property taxes14% $6,419/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,999/yr

Condo fees11% $5,040/yr

Closing costs12% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$18,205	$1,517/mo
Government & taxes
Property tax	$1,945	$162/mo
Land transfer tax(closing)	$4,474	$373/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,999	$333/mo
Condo fees
Condo / HOA fees	$5,040	$420/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$44,323	$3,694/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 24

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs