The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
**Currently under construction ** Welcome home to this beautifully crafted new build in the heart of Belmont, a welcoming and family-friendly community just minutes east of London and close to Hwy 401. Perfectly positioned with no rear neighbours, this home backs directly onto open soccer fields, offering peaceful views and space for kids to play right outside your backyard.Built with quality and attention to detail, this home features 2x6 exterior wall construction, and energy-efficient systems including a 96% high-efficiency furnace, HRV, and central air. The thoughtfully designed interior showcases a bright, open-concept layout with granite kitchen countertops, soft-close cabinetry, a unique staircase upon entry, and modern finishes throughout.Enjoy stylish and durable flooring including vinyl plank on the main level, tile in bathrooms and laundry, and cozy carpeted bedrooms. Additional highlights include 9' basement walls, a 200-amp electrical service, CAT5 wiring, insulated garage, and a tankless hot water system (rental).The exterior is just as impressive with Brampton brick, prefinished aluminum soffit and fascia, Handi Paver driveway, and fully sodded lot. Finished with care right down to the details , including full-height bathroom mirrors, Moen fixtures, and a professionally cleaned home prior to closing.A wonderful opportunity to own a brand-new home in a growing community that offers small-town charm with easy access to city amenities.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,768/mo
Mortgage (principal + interest)$2,768
Minimum $49,000 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$148,000
Ontario land transfer taxProvincial brackets, no first-time refund$11,275
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$162,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Central Elgin has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
