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For SaleCondo Townhouse · 2-StoreyMLS® #X14168568 · TRREB MLS®

39-530 Gatestone Rd, London South, Ontario

South U, London South, Ontario N6M 0A2

Bedrooms
3
Bathrooms
4
Type
Condo Townhouse
Basement
Finished

$538,741

Estimated market value

About 39-530 Gatestone Rd

39-530 Gatestone Rd is a 3-bedroom, 4-bathroom condo townhouse in South U, London South, listed for sale at an asking price of $538,741 (MLS® X14168568).

Welcome to Kai, desired South East living. This community embodies Ironstone Building Companies dedication to exceptionally built homes and quality you can trust. This end unit two storey townhome features a fully finished basement. The luxurious finishes throughout include engineered hardwood, quartz countertops, 9ft ceilings, elegant glass shower with tile surround and thoughtfully placed pot lights. All of these upgraded finishes are already included in the purchase. The desired location offers peaceful hiking trails, easy highway access, sought after schools zones and convenient shopping centres. A limited number of units still available.

Insights

  • Condition Score

    Good
    71out of 100

    1 documented update signal

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

  • Cashflow Quality

    Covers costs
    60out of 100

    +$2/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 8 homes with 3 bedrooms for lease in South U right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.

Condition uses listing-record signals, not an inspection.

Key facts

MLS® number
X14168568
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
1800-1999 sqft
Listed on
Parking
1 Attached, 2 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 39-530 Gatestone Rd, London South, 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——$538,741—For SaleX14168568

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 Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Condo Townhouse
Style
2-Storey
Community
South U
Municipality
London South

Building

Size
1800-1999 sqft
Construction
Other

Inside

Bedrooms
3
Bathrooms
4
Bathroom Details
1 × 2pc Main, 1 × 4pc 2nd, 1 × 3pc 2nd, 1 × 4pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Roof
Asphalt Shingle
Fireplace
No
Den
Yes
Family room
Yes
Extras
Built-in microwave, carbon monoxide detector, garage door opener, smoke detector
Condo maint.
$215

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Map and tour

Condos for sale in South U right now

For sale now
26
Median asking price
$477K

Middle half: $429K to $547K

This home is asking 13% above the median.

See all homes in South U

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$7,250
Total land transfer tax
$7,250
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,250
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 $538,741
$2,775
Ontario total
$7,250

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
Jackson Meadows Public SchoolThames Valley DSBPublic · grades JK–8250 m—
École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–6700 m73%Grade 6 average
Summerside Public School Public SchoolThames Valley DSBPublic · grades JK–8950 m83%Grade 6 average
St Bernadette Separate SchoolLondon District Catholic School BoardCatholic · grades JK–82.8 km52%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire Gabriel-DumontConseil scolaire ViamondeFrench-language public · grades 9–12950 m77%Grade 9 math
Sir Wilfrid Laurier Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion3.4 km51%Grade 9 math
G A Wheable Secondary SchoolThames Valley DSBPublic · grades 9–124.4 km—
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–126.5 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.

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% · $107,748

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
$107,748
Total mortgage amount
$430,993
Total interest payment
$306,407
Total purchase cost
$845,148
Mortgage payment
$2,458/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

20%

Monthly carrying cost

$2,673
$2per month
  • Carrying cost $2,673
  • Surplus $2

Rental income opens at $2,675, the median asking rent of 8 comparable homes for lease in South U. Type over it with the rent you expect. This is a planning tool, not advice.

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Sold prices in South U are shown to signed-in members.

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