3147 Gillespie Tr
South V, London South, Ontario N6P 0H3
- Bedrooms
- 4+2
- Bathrooms
- 5
- Size
- 2,500–3,000sq ft
- Per sq ft
- $389at the range’s middle
- Lot
- 41.47 x 111.83 ft
- Built
- New
- Parking
- 42 attached
- Days on market
- Members
The brief
About 3147 Gillespie Tr
3147 Gillespie Tr is a 4+2-bedroom, 5-bathroom detached house in South V, London South, listed for sale at an asking price of $1,069,999 (MLS® X14117116).
Introducing the latest Kent model by MCR Homes at 3147 Gillespie Trail a home that's second to none when it comes to layout, flow & everyday new build living. Featured in Our Homes Magazine & once you see it in person you'll understand why. The architectural details & finishes are where this home stands out. It offers a smart, open layout that flows effortlessly making it feel both functional & comfortable. Whether you're hosting or just going about your day everything feels in the right place. Right away you'll notice the attention to detail with wainscotting, coffered ceilings, curved ceilings & subtle archways that give a refined high end feel without losing comfort. Throughout you'll find 9 ft ceilings on the main & 2nd floor, 8 ft doors & upgraded 7 1 4 inch baseboards adding to the overall presence. The kitchen is a standout opening into the main living space with quartz countertops, great sightlines & large windows bringing in natural light. Upstairs the primary bedroom is a true retreat featuring a huge walk in closet with custom cabinetry & a well designed ensuite. Additional bedrooms are generously sized & 2nd floor laundry with built in cabinetry is a practical finishing touch. Out back the covered deck with finished hardscaping, speaker system & security setup gives you a complete outdoor space no work needed. You've also got a separate entrance to a fully finished basement offering strong potential for an in law suite or rental income. Located in a growing area close to amenities this home is part of a wider collection of MCR Homes models giving buyers flexibility & options. First time buyer incentives available making this an even more attractive opportunity. If you've been waiting for a home with a great layout strong finishes & real flexibility this one is worth seeing in person. Contact the listing agent for more details & available models.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- X14117116
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 41.47 x 111.83 ft
- Listed on
- Parking
- 2 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- South V
- Municipality
- London South
Building
- Size
- 2500-3000 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 4+2
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 2 × 5pc 2nd, 1 × 4pc 2nd, 1 × 4pc Bsmt
- Basement Type
- Separate Entrance
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 41.47 ft
- Depth
- 111.83 ft
- Lot Size
- 41.47 x 111.83 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Office | 2.81 × 3.28 m | — | Main |
| Living | 4.95 × 4.3 m | — | Main |
| Kitchen | 4.38 × 4.26 m | — | Main |
| Dining | 3.9 × 2.83 m | — | Main |
| Bathroom | 1.84 × 1.53 m | — | Main |
| Primary | 3.95 × 4.62 m | — | 2nd |
| Bathroom | 3.98 × 3.18 m | 5 Pc Ensuite | 2nd |
| 2nd Br | 3.99 × 3.09 m | — | 2nd |
| 3rd Br | 3.56 × 3.05 m | — | 2nd |
| Bathroom | 1.7 × 3.14 m | — | 2nd |
| 4th Br | 3.81 × 4.86 m | — | 2nd |
| Laundry | 1.99 × 2.31 m | — | 2nd |
Listing history
Buy/sell history for 3147 Gillespie Tr, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,069,999 | N/A | For Sale | X14117116 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $214,000
- Total mortgage amount
- $855,999
- Total interest payment
- $608,601
- Total purchase cost
- $1,678,600
- Mortgage payment
- $4,882/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$4,882- Rent $0
- Shortfall $4,882
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $17,875
- Total land transfer tax
- $17,875
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $13,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,069,999
- $13,400
- Ontario total
- $17,875
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 4,638 sq ft431 m²
- Street frontage
- 41.47 ft12.6 m
- Depth
- 111.83 ft34.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m4 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.7 m below ground nearbyThe middle water level in the well records within 500 m (15 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Environmental records4
- 2 licensed pits or quarries within 2 kmThe nearest is 1.8 km away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet2
- Electricity is distributed here by London Hydro Inc.At the address
- Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, TekSavvy, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in South V right now
- For sale now
- 155
- Median asking price
- $929K
- New in 7 days
- 10
- Price cuts
- 14%
Middle half: $835K to $1.11M
39 in 28 days
22 listings
This home is asking 15% above the median.
See all homes in South VAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| White Pine Public SchoolThames Valley DSB | Public · grades K–8 | 400 m | — |
| École élémentaire La PommeraieConseil scolaire Viamonde | French-language public · grades JK–6 | 550 m | 77%Grade 6 average |
| Westmount Public SchoolThames Valley DSB | Public · grades JK–8 | 1.3 km | 71%Grade 6 average |
| St. Rose of Lima Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.3 km | 81%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Saunders Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.5 km | 46%Grade 9 math |
| Westminster Secondary SchoolThames Valley DSB | Public · grades 9–12 | 3.3 km | 38%Grade 9 math |
| St Thomas Aquinas Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 4.8 km | 64%Grade 9 math |
| Oakridge Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 4.9 km | 64%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in South V are shown to signed-in members.