511 Gainsborough Road #203 · London, N6G 4Z5
MLS® X13613874
Listed Jul 28, 2026
Listing courtesy of Cove Real Estate Brokerage LTD.·Listing last changed 10 hours ago
Key facts
- Property type
- Condo apt
- Square footage
- 1,200-1,399 sqft
- Storeys
- 2
- Age
- 31-50 years
- Parking
- 2 spaces
- Property tax
- $2,106/yr (2026)
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. Some photos have been virtually staged.
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Property details
Interior
- Size
- 1,200-1,399 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 2-piece on Main
- Basement
- None
- Heating
- Forced Air
- Cooling
- Central Air
- Ensuite laundry
- Yes
Building & lot
- Type
- Condo apt, 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
Estimated value range
$261K to $289K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Location & neighbourhood
DirectionsLondon North, ON
Established northwest neighbourhood with mature trees and convenient access to Hyde Park.
Schools nearbyclosest is Sir Frederick Banting Secondary School, 640 m
Elementary
- 6.7
Emily Carr Public School
810 m · Grades JK-8
Thames Valley District School Board
- 8.2
Orchard Park Public School
1.2 km · Grades JK-8
Thames Valley District School Board
- 5.7
Wilfrid Jury Public School
1.3 km · Grades JK-8
Thames Valley District School Board
Secondary
- 5.7
Sir Frederick Banting Secondary School
640 m · Grades 9-12
Thames Valley District School Board
- 5.5
St. Andre Bessette Secondary School
2.2 km · Grades 9-12
London District Catholic School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $2,665/mo all in
Monthly payment estimate
Land transfer tax$2,600 on closing
Ontario LTT
$2,600
First-time rebate
−$2,600
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
Sold328 - 511 Gainsborough Road, London North
Sold707 - 931 Wonderland Road, London South
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.9% of asking.
Avg. sold price
$241,817
Sale-to-list ratio
97.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $70,000 household income
Minimum household income required
$70,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
Rental market$1,800/mo median for 2 bed nearby
$1,800/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.
Get notified about similar homes
New condo apt listings in Whitehills.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
Not intended to solicit clients already under contract.
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