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$549,999

Estimated value $522K to $577K

Est. $2,577/mo mortgage

2+1bd·3ba·1,200-1,399sqft

1571 Coronation Drive #3 · London, N6G 5N4

MLS® X13772796

46 days on market46 days on market

Listed Sep 11, 2026

Listing courtesy of Thrive Realty Group INC.·Listing last changed Sep 30

Key facts

Property type
Condo townhouse
Square footage
1,200-1,399 sqft
Storeys
1
Age
16-30 years
Parking
6 spaces
Property tax
$4,543/yr (2025)

Description

Enjoy the best of bungalow living at Gainsborough Place in sought-after North London! This spacious 3-bedroom, 3-bathroom attached condo offers a wonderful blend of comfort, privacy, and easy-care living. Designed with everyday living in mind, the main floor features a bright open-concept layout with hardwood and tile flooring, a dramatic 10-foot tray ceiling, and a generous living room with plenty of natural light. The primary bedroom is a peaceful retreat with its own ensuite, his/hers closet, corner soaker tub, separate glass shower, and cozy fireplace. Main-floor laundry and direct access to the double garage add to the convenience. Downstairs, the professionally finished lower level provides excellent additional living space with a large recreation area, third bedroom, and 3-piece bathroom-ideal for guests, family members, hobbies, or a comfortable second living area. Numerous recent updates include fresh paint, kitchen and bathroom upgrades, and 40-year roof shingles installed in 2022. Additional features include an air exchanger, and 6" concrete block firewalls between units for added privacy and peace of mind. The $479.85/month condo fee covers lawn care, snow removal, the master insurance policy, and reserve-fund capital repairs to common elements including windows, doors, roofing, decks, driveways, roadway, and fencing. A quiet, well-established community in North London with a spacious floor plan and very little turnover-an excellent opportunity to make Gainsborough Place your next home!

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Property details

Interior

Size
1,200-1,399 sqft
Bedrooms
2 above grade, 1 lower level
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main, 2 × 3-piece on Main
Basement
Finished
Heating
Forced Air
Cooling
Central Air
Ensuite laundry
No

Building & lot

Type
Condo townhouse, Bungalow
Age
16-30 years
Exterior
Brick
Storeys
1
Exposure
North

Parking

Garage
2 car Attached
Parking
6 spaces
Locker
None

Fees & taxes

Condo fee
$480/mo
Pets
Yes, with restrictions
Property tax
$4,543/yr (2025)
Corporation
MSCC 630
Managed by
BPM PROPERTY MANAGEMENT

Rooms

Main

Primary Bedroom
3.93 × 3.65 m
Bedroom 2
3.65 × 2.83 m
Living Room
5.09 × 4.93 m
Laundry
1.52 × 1.82 m
Kitchen
4.23 × 6.43 m

Lower

Bedroom 3
3.56 × 4.26 m

Estimated value range

$522K to $577K

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

Directions
Hyde Park →

London North, ON

Northwest London's premier family neighbourhood.

Schools nearbyclosest is St Marguerite d'Youville School, 760 m

Elementary

  • St Marguerite d'Youville School

    760 m · Grades JK-8

    London District Catholic School Board

    7.3
  • Emily Carr Public School

    1.4 km · Grades JK-8

    Thames Valley District School Board

    6.7
  • Wilfrid Jury Public School

    1.6 km · Grades JK-8

    Thames Valley District School Board

    5.7

Secondary

  • Sir Frederick Banting Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

    5.7
  • St. Andre Bessette Secondary School

    1.7 km · Grades 9-12

    London District Catholic School Board

    5.5
  • Oakridge Secondary School

    2.8 km · Grades 9-12

    Thames Valley District School Board

    7.1

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. $3,800/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,577
Property tax$379
Insurance (est.)$115
Utilities (est.)$250
Condo fee$480
Total monthly$3,800
Land transfer tax$7,475 on closing

Ontario LTT

$7,475

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$549,999

Listed Sep 11, 2026

On the market

Sold comparables nearby

32 - 499 Sophia Crescent, London NorthSold

32 - 499 Sophia Crescent, London North

3 bd·4 ba·1,600-1,799 sqft
8 - 925 Lawson Road, London NorthSold

8 - 925 Lawson Road, London North

3 bd·3 ba·1,000-1,199 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$427,583

Sale-to-list ratio

95.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $136,000 household income

Minimum household income required

$136,000

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? Ask Colin →
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.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

CA

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Colin Abbot, Broker, Westwood Realty Team

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.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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