696 Fieldgate Circle, London East

Price: $589,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13443702

Welcome to 696 Fieldgate Circle, a well-maintained 3-bedroom home offering great curb appeal, functional living space, and a backyard designed for entertaining. Beautiful landscaping, a covered front porch, and a concrete driveway create an inviting first impression from the moment you arrive. Inside, you'll find a bright open-concept main floor featuring newly finished hardwood flooring, a spacious living room, dining area, and kitchen that flow seamlessly together-creating the perfect space to gather with family and friends. The kitchen features stainless steel appliances, while large windows throughout the main floor fill the home with natural light. Convenient inside entry from the attached garage and a main floor 2-piece bathroom add to the home's functionality. Patio doors off the dining area lead directly to the backyard, making indoor-outdoor living effortless. A fully fenced backyard that you'll enjoy all summer long, featuring a large deck, covered gazebo, hot tub, and plenty of room to relax or entertain, it's the perfect extension of the home. Upstairs offers three spacious bedrooms with ample closet space and a well-appointed 4-piece bathroom. The fully finished lower level provides even more living space with high ceilings, extra storage space, and flexibility for a rec room, home office, gym, or playroom. Ideally located just minutes from Highway 401, shopping, restaurants, schools, parks, and everyday amenities. Recent updates include roof (2020), concrete driveway and front pad (2020), hardwood flooring (2024), custom living room window (2024), fridge and stove (2024), dishwasher (2023), washer (2025), and hot tub cover (2026). A fantastic opportunity to own a move-in ready home in a convenient location and great neighbourhood.

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New Listing
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$589,000 - 696 Fieldgate Circle, London East

Detached for Sale in London East

New — Listed 4 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13443702
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Welcome to 696 Fieldgate Circle, a well-maintained 3-bedroom home offering great curb appeal, functional living space, and a backyard designed for entertaining. Beautiful landscaping, a covered front porch, and a concrete driveway create an inviting first impression from the moment you arrive. Inside, you'll find a bright open-concept main floor featuring newly finished hardwood flooring, a spacious living room, dining area, and kitchen that flow seamlessly together-creating the perfect space to gather with family and friends. The kitchen features stainless steel appliances, while large windows throughout the main floor fill the home with natural light. Convenient inside entry from the attached garage and a main floor 2-piece bathroom add to the home's functionality. Patio doors off the dining area lead directly to the backyard, making indoor-outdoor living effortless. A fully fenced backyard that you'll enjoy all summer long, featuring a large deck, covered gazebo, hot tub, and plenty of room to relax or entertain, it's the perfect extension of the home. Upstairs offers three spacious bedrooms with ample closet space and a well-appointed 4-piece bathroom. The fully finished lower level provides even more living space with high ceilings, extra storage space, and flexibility for a rec room, home office, gym, or playroom. Ideally located just minutes from Highway 401, shopping, restaurants, schools, parks, and everyday amenities. Recent updates include roof (2020), concrete driveway and front pad (2020), hardwood flooring (2024), custom living room window (2024), fridge and stove (2024), dishwasher (2023), washer (2025), and hot tub cover (2026). A fantastic opportunity to own a move-in ready home in a convenient location and great neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

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

696 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)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$2,260

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 $535/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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    696 Fieldgate Circle, London East | $589,000 | Battaglia Team