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Homes for Sale in London, Ontario

1796 Gainsborough Road

London North, N6H 5L2·MLS® X13573360·

Listing courtesy of Re/max Advantage Sanderson Realty·Updated 2 hours ago

For sale
1 / 45
5Beds
4Baths
3,500-5,000Sqft
16-30Year Built

Listing price

$1,499,000

Est. $7,139/mo

Days on market

1

Listed Jul 16, 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

$1,652,778Above Market
$1,483,636$1,913,273

64% confidence · 13 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Riverbend

London North, ON

Upscale far-west neighbourhood nestled in a bend of the Thames with executive homes and Kains Woods trails.

Monthly payment estimate

Mortgage (5.24%, 25yr)$7,139
Property tax$1,624
Insurance (est.)$312
Utilities (est.)$250
Total monthly$9,325

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

Jul 16, 2026Listed
$1,499,000

Sold comparables nearby

1965 Riverbend Road, London SouthSold

$875,000

1965 Riverbend Road, London South

4 bd·4 ba·2,000-2,500 sqft
1468 Gainsborough Road, London NorthSold

$809,000

1468 Gainsborough Road, London North

5 bd·3 ba·2,500-3,000 sqft

See all 10 comparables

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Market conditions · North I

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$349,697

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$1,652,778

Above Market

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