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
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs+$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 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 Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $538,741 | — | For Sale | X14168568 |
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 UAsking 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Jackson Meadows Public SchoolThames Valley DSB | Public · grades JK–8 | 250 m | — |
| École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 700 m | 73%Grade 6 average |
| Summerside Public School Public SchoolThames Valley DSB | Public · grades JK–8 | 950 m | 83%Grade 6 average |
| St Bernadette Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 2.8 km | 52%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire Gabriel-DumontConseil scolaire Viamonde | French-language public · grades 9–12 | 950 m | 77%Grade 9 math |
| Sir Wilfrid Laurier Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 3.4 km | 51%Grade 9 math |
| G A Wheable Secondary SchoolThames Valley DSB | Public · grades 9–12 | 4.4 km | — |
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 6.5 km | 44%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
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- 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.

