1796 Gainsborough Road
London North, N6H 5L2·MLS® X13156532·
Listing courtesy of Re/max Advantage Sanderson Realty·Updated May 28
Listing price
$1,499,000
Est. $7,139/mo
Days on market
Listed May 21, 2026
Description
Rare 5 bedroom executive family home with finished walk out basement, triple car garage and private pond nestled on a 1.2 acre tree-lined lot conveniently located just 3 minutes' drive from North-West London. This 3,725 SF (above grade) custom built home has been meticulously cared for and enjoyed by the original family for the past 23 years and offers buyers the best of both worlds - the functionality and convenience of a move-in-ready city home while situated in a private park-like country setting. After entering the property there is an instant sense of calm and tranquility as you are immediately immersed into nature while making your way down the long, serene drive. Upon arrival you are greeted by a lovely front facade with one of four decks, perfect for a morning coffee while gazing at the pond. The inside of the home offers a fantastic layout conducive for families. The main floor features a formal dining room, great for large gatherings, and a front office/den with vaulted ceilings - perfect for working from home or a kid's playroom. The open concept eat-in kitchen is great for entertaining and features built-in appliances with gas range, peninsula island with seating, quartz countertops and a lovely informal dinette with access to rear yard. The kitchen flows effortlessly into a welcoming family room & bonus sunroom with 2-sided gas fireplace. Desirable main floor laundry & 2pc powder room off entrance from oversized triple car heated garage. Upstairs features 5 spacious bedrooms and 3 full baths including an impressive Master Retreat with 2 walk-in closets and luxurious 5pc ensuite. The finished walkout basement offers plenty of natural light and features a family room, rec room, rough-in for future bath & bar, 2 huge storage rooms and access to outside. The yard features multiple decks and 4 sitting areas including a flagstone patio with fire pit, large grass areas, beautiful landscaping and pond used as a hockey rink in winter. Roof (2019), A/C (2017).
Property details
Garage
3 car Attached
Basement
Walk-Out, Finished
Parking
13 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London North, ON
Upscale far-west neighbourhood nestled in a bend of the Thames with executive homes and Kains Woods trails.
Monthly payment estimate
Land transfer tax
Ontario LTT
$26,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$1,238,000
2114 Riverbend Road, London South
Sold$1,275,000
2505 Kains Road, London South
See all 10 comparables
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Market conditions · North I
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$5,996
Rental yield
4.8%
Est. cash flow
-$3,329
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$349,697
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,439,040
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