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Investment signal

$319,900

27 - 45 GATEWOOD PLACE

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Beds

Baths

2 full + 1 half

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East A). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 45 Gatewood Place, Unit 27! This beautifully maintained 3-bedroom, 2-bathroom townhouse offers the perfect blend of comfort, functionality, and value - ideal for first-time home buyers, growing families, or savvy investors! The bright and spacious main floor features modern flooring and plenty of natural light, creating a warm and inviting living space. The open layout flows effortlessly into the kitchen and eat-in kitchen area, complete with a walkout to a private rear patio-perfect for relaxing or entertaining friends! Upstairs, you'll find three generously sized bedrooms, including a primary bedroom with ample closet space, along with a well-appointed full bathroom. The partially finished basement adds flexible living space that can easily serve as a recreation room, home office, or gym, plus a large laundry and storage area for added convenience. Located close to shopping, schools, parks, playgrounds, public transit, and major routes - with easy access to Western University and Fanshawe College. Whether you're looking for a move-in ready home or a smart investment opportunity, this property checks all the boxes. Don't miss your chance! (id:65958)

Subtype: Single Family
Structure: Row / Townhouse
Community: East A
Common interest: Condo/Strata
Bedrooms: 3 above grade
Parking: 1 total
Condo/HOA fee: $420.01 monthly
Stories: 2
Fireplace: 1
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Annual tax: $1,894.33
Photos: 38
MLS#: X13032276
Area: LONDON_EAST_(EAST_A)

Features and systems

Parking

No Garage

Basement

Partially finishedN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Lot

Carpet Free

Community

Pets Allowed With Restrictions

Fee includes

InsuranceParking

Positive cash flow ~$357/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

6.69%

Cap rate

6.20%

GRM

11.1

Break-even rent

$2,024

Financing

Down payment$63,980

Loan amount$255,920

Mortgage$1,297/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$147

Insurance$80

Maintenance$267

CapEx reserve$133

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,297/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.