Salehian.com 647-325-5000

511 Gainsborough Road 327

North F, London North, N6G 4Z5

$224,500

Reduced $10,400 from $234,900

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  • 2 bedrooms
  • 1 bathrooms
  • 1 parking
  • 800-899 sq ft

Listed 38 days ago · 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.

Details

Type
Condo Apartment
Style
Apartment
Age
16-30 years
Size
800-899 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$1,819 (2025)
Maintenance fee
$772/month
Neighbourhood
North F
Municipality
London North
Price per sq ft
$264 (29% below condo apartments in London North, $371)
Fee per sq ft
$0.91/month

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece
Rooms
6 above ground
Family room or den
No
Fireplace
No
Laundry
In-Suite Laundry, Ensuite
Features
Carpet Free, Storage Area Lockers, Storage

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick, Stucco (Plaster)
Age
16-30 years

Parking

Total parking
1
Driveway and parking
Surface

Condo

Building
Grace Community
Monthly fee
$772
Fee includes
Building Insurance Included, Common Elements Included, Water Included
Locker
Exclusive
Balcony
Open
Exposure
North South
Property manager
Grace Community Corp

More

Possession
30-59 days
Cross street
Wonderland and Gainsborough

Rooms

RoomLevelSizeFeatures
FoyerFlat2.74 × 1.25 m (9' × 4'1")
Living RoomFlat3.96 × 5.49 m (13' × 18')Vaulted Ceiling(s)
KitchenFlat3.63 × 2.71 m (11'11" × 8'11")Updated, Backsplash
Primary BedroomFlat3.05 × 4.27 m (10' × 14')
BedroomFlat2.62 × 3.58 m (8'7" × 11'9")
LaundryFlat2.44 × 1.52 m (8' × 5')

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 6 parks, 1 pharmacy. Nearest grocery: Food Basics (550 m). Nearest park: Gainsborough Valley Park (50 m).

Schools nearby

Elementary

  • Emily Carr Public School
    EQAO: Gr 6 reading 81%, math 49%    15 min walk
  • Orchard Park Public School
    EQAO: Gr 6 reading 98%, math 74%    16 min walk
  • Wilfrid Jury Public School
    EQAO: Gr 6 reading 81%, math 30%    1.3 km
  • St. Thomas More Catholic School Catholic
    EQAO: Gr 6 reading 84%, math 40%    1.4 km

Secondary

  • Sir Frederick Banting Secondary School
    EQAO: Gr 9 math 55%, literacy test 78%    14 min walk
  • St. Andre Bessette Secondary School Catholic
    EQAO: Gr 9 math 70%, literacy test 90%    2.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N6G

Owners / renters
71% / 29%
Median household income
$96,000
Average age
38
Children under 15
19%
Homes
59% detached, 11% high-rise
Commute by transit
4%
Population
50,940

Languages spoken most at home besides English: Mandarin 3.4%, Arabic 2.8%, Spanish 2.2%, Korean 1.4%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 5 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ICON REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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