511 Gainsborough Road #307
London North, N6G 4Z5·MLS® X13677468
Listing courtesy of Century 21 First Canadian Corp·Updated 4 hours ago
Listing price
$224,900
Est. $1,071/mo
Days on market
Listed Aug 14, 2026
Description
Experience carefree living in this beautifully maintained 2-bedroom, 1-bath life lease condo. Thoughtfully designed for comfort and accessibility, the home offers bright living spaces, ample storage, and a warm, welcoming atmosphere. Spend less time on maintenance and more time enjoying the benefits of community living, with shared amenities and convenient access to local shops, dining, and recreational opportunities. A wonderful place to call home for those seeking affordability, security, and a strong sense of belonging.
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Property details
- Basement
- None
- Parking
- 1 spaces
- Type
- Condo Apartment — Apartment
- Heating
- Forced Air
- Property tax
- $1,819/yr (2026)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
62% confidence · 8 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly paymentMortgage, tax and fees
Monthly payment estimate
Land transfer taxOne-time, on closing
Ontario LTT
$1,974
First-time rebate
−$1,974
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Aug 14, 2026
Sold comparables nearby
Sold$200,000
215 - 511 Gainsborough Road, London North
Sold$286,000
407 - 30 Chapman Court, London North
See what these 6 homes sold for
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Market conditionsOld East Village · last 90 days
Avg. sold price
$272,333
Sale-to-list ratio
94.6%
Based on 6 recent comparable sales near this home.
AffordabilityWhat income this home needs
Minimum household income required
$60,442
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$304,521
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colin@searchlondonhomes.com
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