$274,999
↓ $25,001 from $300,000
Est. payment $1,218/moCalculate yours
511 Gainsborough Road 203, London North, ON N6G 4Z5
North, London, ON N6G 4Z5
- 2 Beds
- 2 Baths
- 1,200 Sq Ft
Listing courtesy of COVE REAL ESTATE BROKERAGE LTD. MLS® X13613874
About this home
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.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 31-50
- Size
- 1,200 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
- Roof
- Shingles
Lot & Parking
- Parking
- Underground garage · 2 total
- Zoning
- R8-3(1), NF1
Financial
- Property Taxes
- $2,106 (2026)
- Condo Fee
- $894/mo
- Fee Includes
- Water Included, Common Elements Included, Parking Included, Building Insurance Included
- Pets
- No
Location
- Neighbourhood
- North
- Cross Street
- Gainsborough/Wonderland
Listing
- MLS® Number
- X13613874
- Days on Market
- 82
- Listed On
- 2026-07-28
- Possession
- Flexible
- Listed By
- COVE REAL ESTATE BROKERAGE LTD.
Rooms
Features
Interior
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Storage
- Storage Area Lockers
- Water Heater
Property
- Greenbelt/Conservation
- Park
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
- Wooded/Treed
Amenities
- Car Wash
- Community BBQ
- Elevator
- Exercise Room
- Visitor Parking
- Guest Suites
- Included
- Fridge, Stove, Dishwasher, Washer, Dryer, All Window Coverings
- Excluded
- Valance (Primary Bedroom), Cabinet (Powder Room)
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$1,218 per month
- Principal and interest
- $1,218
- Property tax
- $176
- Condo fees
- $894
- Estimated monthly cost
- $2,288
Your mortgage
- Mortgage amount
- $219,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $145,291
Cash to close
- Down payment
- $55,000
- Land transfer tax
- $2,600
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $57,600
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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