Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 37 days on market

$224,500 ↓ $10,400 from $234,900

Est. payment $994/moCalculate yours

511 Gainsborough Road 327, London North, ON N6G 4Z5

North, London, ON N6G 4Z5

  • 2 Beds
  • 1 Baths
  • 800 Sq Ft
Map

Listing courtesy of RE/MAX ICON REALTY MLS® X13775544

About this home

Welcome to The Gainsborough, a unique 55+ life lease community offering comfortable, convenient and welcoming independent living. This bright and well-maintained 2 bedroom, 1 bathroom suite offers approximately 885 sq. ft. of comfortable living space and features a south-facing balcony and vaulted ceilings in the living/dining area, creating an open and airy feel. This unit is completely carpet free, with hard surface flooring throughout the main living areas and easy transitions between rooms for added convenience. The air conditioning was replaced in spring of 2026. The updated kitchen features freshly painted cabinetry, new hardware and a stylish backsplash. The bathroom offers a convenient tub/shower cutout designed to make entry and exit easier and provide added convenience. Residents of The Gainsborough enjoy an impressive selection of amenities designed to encourage an active, social and connected lifestyle, including a woodworking room, library, exercise room, billiards, ping pong, fireside lounge, hair salon, chapel, outdoor patios and comfortable seating. Enjoy the convenience of being within walking distance to Sherwood Forest Mall, The Aquatic Centre, nature and bike trails, with University Hospital also nearby. The purchase includes an exclusive underground storage locker and one surface level parking space. Underground parking is $50 a month and subject to availability. The Gainsborough is a 55+ community. Maximum 2 adults per unit. No pets and no rentals are permitted. Please note that life lease purchases are cash only, with no mortgage financing available.

Property details

Overview

Property Type
Condo Apartment
Style
Apartment
For
For Sale
Status
Price Change
Approximate Age
16-30
Size
800 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick, Stucco (Plaster)

Lot & Parking

Parking
Underground garage · 1 total

Financial

Property Taxes
$1,819 (2025)
Condo Fee
$772/mo
Fee Includes
Building Insurance Included, Common Elements Included, Water Included
Pets
No

Location

Neighbourhood
North
Cross Street
Wonderland and Gainsborough

Listing

MLS® Number
X13775544
Days on Market
37
Listed On
2026-09-11
Listed By
RE/MAX ICON REALTY

Rooms

Room Level Dimensions
Primary Bedroom Flat 10′ 0″ × 14′ 0″
Laundry Flat 8′ 0″ × 5′ 0″
Foyer Flat 9′ 0″ × 4′ 1″
Living Room Flat 13′ 0″ × 18′ 0″
Kitchen Flat 11′ 11″ × 8′ 11″
Bedroom Flat 8′ 7″ × 11′ 9″

Features

Interior

  • Carpet Free
  • Storage Area Lockers
  • Storage
Included
Refrigerator, Dishwasher, Stove, Washer, Dryer
Rental items
Hot water heater

Mortgage calculator

Minimum for this price: $11,225 (5%)

Amortization, years

Estimated mortgage payment

$994 per month

Principal and interest
$994
Property tax
$152
Condo fees
$772
Estimated monthly cost
$1,918

Your mortgage

Mortgage amount
$179,600
Mortgage insurance
Not needed
Interest over 25 years
$118,611

Cash to close

Down payment
$44,900
Land transfer tax
$1,970
Total, before legal fees
$46,870
Talk to me about financing

Estimates 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

511 Gainsborough Road 327, London North, ON N6G 4Z5 North, London, ON N6G 4Z5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$224,500 511 Gainsborough Road 327, London North, ON N6G 4Z5
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