What are the monthly costs for 998 Gabor Street, London South?

With 20% down at a 4.49% rate over 25 years, estimated monthly mortgage is approximately $3,820, property taxes ~$609/mo, and no maintenance fees listed. Total estimated monthly carrying cost: ~$4,429. Contact Joe Battaglia for a detailed cost analysis.

Is 998 Gabor Street a good investment?

This Detached is priced at $573/sqft. 4 bedrooms and 3 bathrooms in London South make it suitable for families or rental income. Contact the Battaglia Team for a complimentary investment analysis including rental estimates and comparable sales data.

What is the neighbourhood like around 998 Gabor Street?

998 Gabor Street is located in London South, Ontario. The area offers access to local schools, parks, transit, and amenities. The neighbourhood features established residential streets. Contact Joe Battaglia for a detailed neighbourhood report including school rankings, walk scores, and recent sales.

How do I book a showing for 998 Gabor Street, London South?

To book a private showing for 998 Gabor Street, contact Joe Battaglia directly at (416) 564-6611 or use the "Schedule a Showing" button on this page. Joe typically responds within 1 hour and can arrange same-day or next-day viewings. Virtual tours may also be available upon request.

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$860,000 - 998 Gabor Street, London South

Detached for Sale in London South

31 days on market

4Beds

3Baths

1,500 - 1,999Sq Ft

Detached

Property Details

MLS Number: X13141752
Property Type: Detached
Status: active
Days on Site: 31
Bedrooms: 4
Bathrooms: 3
Square Feet: 1,500 - 1,999 sqft
Neighbourhood: London South
Listing Brokerage: ROYAL LEPAGE TRILAND REALTY

Description

Located directly across from the pathway to Cresthaven Woods, this beautiful well maintained bungalow is perfect for families of all ages. The main floor features hardwood floors, soaring vaulted ceilings, the convenience of a primary bedroom with walk-in closet and four-piece ensuite, alongside a second bedroom, full bath, laundry, and double garage access. A versatile front den functions beautifully as an office or dining room, while the formal living room with a gas fireplace flows into a large eat-in kitchen with stainless appliances and double wall ovens, walking out to a wrap-around deck, gazebo, and private back yard. Downstairs, the massive finished lower level offers a family room, recreation room perfect for poker night, two additional bedrooms, a three-piece bath, a workshop, and abundant storage. Built in 2001, this turnkey home many updates, including new fence on SW side (2025), hot water tank (2025), microwave (2024), main bath counter (2023) sump pump (2022), stainless fridge (2021), central air (2016), and twenty-five-year shingles (2015). Close to shopping, walking trails, schools and highway access.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,412.25/mo

Includes CMHC insurance ($23,994)

Purchase Price

Down Payment

5%10%50%

Interest Rate (%)

5-yr fixed avg.

Amortization

Frequency

Principal: $774,000Interest: $525,680

Mortgage Amount$797,994

Total Interest$525,680

Est. Property Tax$609/mo

Total Cost$1,323,674

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: London South

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

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 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.

Walk Score

Varies

Price Range

998 Gabor Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent

$3,200/mo

Range: $2,720 - $3,680

Cap Rate (ROI)

3.4%

Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200

Maintenance Fees-$0

Property Tax (est.)-$609

Insurance (est.)-$179

Net Cash Flow+$2,412

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 $573/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.

Market Position

At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.

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 $3,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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