$289,900
Est. $1,358/mo mortgage
511 Gainsborough Road #203 · London North, N6G 4Z5
MLS® X13613874
Listed Jul 28, 2026
Listing courtesy of Cove Real Estate Brokerage LTD.·Updated Aug 24
Description
Welcome to The Gainsborough, one of London's most sought-after 55+ life lease communities, known for its welcoming atmosphere, friendly neighbours and strong sense of community. This beautifully maintained 2 Bedroom, 2 Bathroom suite features the largest floor plan in the building, desirable southwest exposure, a bright Sunroom overlooking mature trees, in-suite laundry and available underground parking. The spacious Living and Dining areas provide an ideal setting for relaxing or entertaining, while the well-appointed Kitchen offers plenty of workspace and storage. The generous Primary Bedroom is complemented by a second Bedroom that is perfect for guests, a home office or additional living space. The thoughtfully designed layout offers exceptional comfort and functionality throughout. Residents enjoy a secure, well-managed building with an exercise room, library, games room, party room, woodworking shop, two guest suites, community BBQ and car wash, creating plenty of opportunities to stay active, connect with neighbours and enjoy an easy, low-maintenance lifestyle. Exceptional value and worry-free ownership. Shopping, restaurants, parks, walking trails, public transit and everyday essentials are all just minutes away, making this an excellent opportunity for those looking to enjoy a vibrant community in a highly desirable North London neighbourhood. See multimedia link for 3D walkthrough tour and floor plan.
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Interior
- Size
- 1200-1399 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 2-piece on Main
- Basement
- None
- Heating
- Forced Air
- Cooling
- Central Air
- Laundry
- Y
Building & lot
- Type
- Condo Apartment, Apartment
- Age
- 31-50 years
- Exterior
- Brick, Concrete
- Roof
- Shingles
- Storeys
- 2
- Exposure
- South West
Parking
- Parking
- 2 spaces
- Locker
- Owned
Fees & taxes
- Condo fee
- $894/mo
- Fee includes
- water, parking
- Pets
- No
- Property tax
- $2,106/yr (2026)
- Corporation
- GCC
- Managed by
- Larlyn
Building amenities
Car Wash · Community BBQ · Elevator · Exercise Room · Visitor Parking · Guest Suites
Rooms
Main
- Sunroom, Laminate
- 3.04 × 2.06 m
- Laundry
- 2.76 × 2.35 m
- Primary Bedroom, Walk-In Closet(s)
- 5.71 × 4.16 m
- Kitchen, Granite Counters
- 5.38 × 2.39 m
- Bathroom, 2 Pc Bath
- 2.14 × 0.93 m
- Bathroom, 4 pc bath, granite counters
- 3.23 × 2.14 m
- Living Room, laminate, gas fireplace
- 5.49 × 4.33 m
- Dining Room, Laminate
- 5.55 × 1.93 m
- Bedroom 2
- 3.07 × 2.74 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
75% confidence · 31 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon North, ON
Residential neighbourhood bordering Western University, popular with faculty and professionals.
Monthly paymentest. $2,737/mo all in
Monthly payment estimate
Land transfer tax$2,824 on closing
Ontario LTT
$2,824
First-time rebate
−$2,824
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 28, 2026
Sold comparables nearby
Sold$212,500
707 - 931 Wonderland Road, London South
Sold$320,000
507 - 30 Chapman Court, London North
See what these 6 homes sold for
Create a free account to unlock premium data.
Market conditionsBuyer's market in University Heights
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.9% of asking.
Avg. sold price
$253,500
Sale-to-list ratio
97.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $74,000 household income
Minimum household income required
$74,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$1,850/mo median for 2 bed nearby
$1,850/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 13 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
Message Colin about this home
By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.
Get notified about similar homes
New condo apartment listings in North F.
