For saleMLS® X13775544
511 Gainsborough Road, Unit 327
London, N6G 4Z5
$224,500
- Bedrooms
- 2
- Bathrooms
- 1
- Interior
- 800-899 ft²
- Type
- Condo
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
- Property type
- Condo Apartment
- Ownership
- Condominium
- Style
- Apartment
- Age
- 16-30 years
- Property taxes
- $1,819 (2025)
- Condo fees
- $772 a month
- Fees include
- Building Insurance Included, Common Elements Included, Water Included
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Parking
- 1 space, underground garage
- Time on market
- 51 days on market
Features
Inside
- Carpet Free
- Storage Area Lockers
- Storage
Outside
- Brick
- Stucco (Plaster)
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Foyer | Flat | 9' × 4' 1" | |
| Living Room | Flat | 13' × 18' | Vaulted Ceiling(s) |
| Kitchen | Flat | 11' 11" × 8' 11" | Updated, Backsplash |
| Primary Bedroom | Flat | 10' × 14' | |
| Bedroom | Flat | 8' 7" × 11' 9" | |
| Laundry | Flat | 8' × 5' |
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $11,225.
Your monthly payment
$994
- Mortgage amount
- $179,600
- Interest over the amortization
- $118,611
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.
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