$840,635 - 844 Gatestone Road, London South
Detached for Sale in London South
108 days on market- MLS Number
- X12837954
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Don't miss this incredible opportunity to own a brand- new Home!(TO-BE-BUILT)This thoughtfully designed residence will feature a modern open-concept layout, high quality finishes with an efficient layout. Buyers will have the opportunity to select finishes, colours, and upgrades that reflect their own personal style. Build your Dream Home now. This location is privileged with a backyard that overlooks a beautiful pond and trail. This Amethyst Model features a functional 1674 sqft and offers a charming Master Bedroom with spacious his and hers closets and a beautiful 4-piece ensuite bathroom with a custom tiled shower and quartz/granite tops.There are an additional 2 bedrooms with individual closet spaces and a 4-piece main bathroom with quartz tops. Enjoy the comfortable upstairs laundry for ease of daily chores and a linen closet. Unique feature of an open 2 storey foyer with stunning wrap around stairs and a beaming 12' tall accent window that will add light and life to your beautiful entrance. On the main floor you will enjoy an open concept throughout with large windows that will vibrantly add joy and light from the backyard pond views. This Kitchen features a generous sized centre quartz/granite island with a sink perfect for entertaining with the dining room conveniently placed for the views. The Living room as well has a large window and of course a feature wall with an electric fireplace facade. Hardwood floors throughout the main floor and upper hallway with Oak Stairs! This plan is Vander Wielen Design & Build Inc.'s newest addition that will provide a balanced family-friendly layout with the suburban feel and comfort of an open backyard view and privacy. Located in a desirable community close to schools, stores, parks and major traffic routes and 401 hwy. Jackson Meadows is an up and coming neighbourhood with a state of the art Public School being built now with 655 seats available soon and childcare center. Builder offering $7500 5 pc Appliance Package
Estimate your monthly payments for this property
Estimated Payment
$4,312.89/mo
Includes CMHC insurance ($23,454)
5-yr fixed avg.
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.
Discover London South
London South 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 South
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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 South 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.
844 Gatestone Road, London South
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $560/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.
Negotiation Opportunity
At 108 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in London South 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 South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,503 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.