567 Fieldgate Circle, London East

Price: $549,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13444306

Welcome to 567 Fieldgate Circle - a beautifully maintained family home nestled on a quiet crescent in one of East London's most established and sought-after neighbourhoods. Offering a perfect blend of comfort, functionality, and convenience, this home is ideally located just minutes from schools, parks, shopping, restaurants, walking trails, public transit, Fanshawe College, Veterans Memorial Parkway, and Highway 401 for an easy commute. The bright and inviting layout provides plenty of space for everyday living and entertaining, while the private backyard offers the perfect setting for relaxing summer evenings. Situated in a family-friendly community known for its mature trees, pride of ownership, and excellent amenities, this move-in ready home is an outstanding opportunity for first-time buyers, growing families, downsizers, or investors alike. Flexible possession available with a quick closing possible. Don't miss your chance to call this fantastic property home!

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New Listing
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$549,900 - 567 Fieldgate Circle, London East

Detached for Sale in London East

New — Listed 4 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13444306
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
THE REALTY FIRM INC.
Description

Welcome to 567 Fieldgate Circle - a beautifully maintained family home nestled on a quiet crescent in one of East London's most established and sought-after neighbourhoods. Offering a perfect blend of comfort, functionality, and convenience, this home is ideally located just minutes from schools, parks, shopping, restaurants, walking trails, public transit, Fanshawe College, Veterans Memorial Parkway, and Highway 401 for an easy commute. The bright and inviting layout provides plenty of space for everyday living and entertaining, while the private backyard offers the perfect setting for relaxing summer evenings. Situated in a family-friendly community known for its mature trees, pride of ownership, and excellent amenities, this move-in ready home is an outstanding opportunity for first-time buyers, growing families, downsizers, or investors alike. Flexible possession available with a quick closing possible. Don't miss your chance to call this fantastic property home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

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5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London East

Discover London East

London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London East

  • Convenient location in London East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

567 Fieldgate Circle, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$2,295

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $500/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In London East's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in London East are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    567 Fieldgate Circle, London East | $549,900 | Battaglia Team