Sold for:Sold 21 days ago
$219,900

Unit 328, 511 Gainsborough Road

London (North F), ON N6G 4Z5

Condo Apartment SoldNot available
The Gainsborough exteriorThe GainsboroughSee every listing here
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 328, 511 Gainsborough Road, London, North F

2026-07-21
2026-10-07
Sold
Price
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MLS#
x13590392

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 328, 511 Gainsborough Road, London, North F

Summarized Description

  • Unique Life Lease Community for adults 55+
  • Spacious unit with vaulted ceilings
  • Private balcony overlooking park-like gardens
  • Convenient in-suite laundry and storage
  • Desirable location near shops and transit
  • Community amenities for social lifestyle
  • Cash purchase only, no pets allowed
  • Close to University Hospital and nature trails

You'll enjoy living in this community! The GAINSBOROUGH IS UNIQUE! It is a Life Lease Community for adults 55+, allowing affordable & worry-free retirement living! Situated on approximately 5 acres of beautifully landscaped grounds. This unit is the "Windsor" plan with bonus special features: Vaulted ceiling in the living/dining rooms with 'Transom-like windows that let the Natural Light dance throughout the spacious living space. The private balcony faces north overlooking the lovely park-like gardens! This plan has 2 generous size bedrooms, 1 bath, convenient in-suite laundry & storage room. The kitchen is graced with lovely oak cupboards & lots of counter space. The pass-through window opens to the dining area letting in natural light. All 6 appliances included (the kitchen appliances are newer). Some rooms have been virtually staged. Located in a prestigious neighbourhood with easy access to local shops, groceries, restaurants, drug stores, medical offices, public transit & walking trails! It's a wonderful place to live for a social & active lifestyle! This building offers a library and fireside lounge, billiards and ping pong room, Chapel, guest suite, exercise room, workshop, outdoor patios & sitting areas & more! Each unit includes an underground storage locker. There is a car wash station. Grade level open space common parking included. Underground parking available for $50/month - subject to availability. TERRIFIC LOCATION...within walking distance to Sherwood Forest Mall, Aquatic Centre, Lovely nature & bike trails. Close to University Hospital. NOTE: This is a no-pet, cash only community with No Mortgage Options available for Life Lease. This Life lease buildings cannot be mortgaged. For adults 55+, maximum 2 adults per unit, upon approval. No pets or renters allowed. Cash purchase only.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,755
Land Transfer Tax Fee
$1,924

Condo/Maintenance Fee

Maintenance Fee
$772 /month

Included In Maintenance Fee

  • Common Elements Included
  • Water Included
  • Building Insurance Included

Rental Items

Rental Equipment
Water Heater
Under Contract
Hot Water Tank-Gas
Parking Garage Cost
$50 /month

Basement Type
None

Interior Features

Pets Permitted
No
Laundry Features
In-Suite Laundry
Interior Extras
Storage Area Lockers, Storage
View
Garden
Security Features
Carbon Monoxide Detectors, Smoke Detector, Security System
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open
Exterior Extras
Controlled Entry
Accessibility Features
Bath Grab Bars, Elevator, Hard/Low Nap Floors

Building Amenities

  • Car Wash
  • Community BBQ
  • Elevator
  • Guest Suites
  • Exercise Room
  • Game Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
The Gainsborough
Approx Age
16-30
Condo Corp Number
0

Construction

Exposure
North
Exterior Finish
Brick, Stucco (Plaster)
Foundation Details
Concrete
Special Designation
Landlease

Inclusions

Inclusions
Refrigerator, Stove, Microwave, Washer, Dryer, Dishwasher

Parking & Garages

Garage Type
Underground
Garage Spaces
0
Parking Type
Common
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Number
328
Locker Level
Basement

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
1
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Vaulted Ceiling(s)
  • Primary Bedroom—
    Flat level
  • Bedroom—
    Flat level
  • Laundry—
    Flat level
  • Kitchen—
    Flat level
  • Foyer—
    Flat level

Washrooms

  • 4-piece

Municipality
London
Neighbourhood
North F
Main cross streets
Wonderland and Gainsborough, Northeast corner
Zoning
Life Lease
Directions
Wonderland Rd N to Gainsborough Rd, turn east to first lane on left, Grace Community

MLS® number
X13590392
Data source
Toronto Regional Real Estate Board
Status change
2026-10-07
Listed on
2026-07-21
Days on market
78 days
Possession type
Immediate
Co-op commission
2% plus HST
Seller
Listed by
GLEN GORDON REAL ESTATE LTD.

Home Market Value

Current home valuation for Unit 328, 511 Gainsborough Road, London, North F, London, ON. Listed for $219,900

HOMEH Estimate

?

$221,450

Estimated Sales Range

?

$187,306 - $255,594

HOMEH Estimate for Unit 328, 511 Gainsborough Road, London, North F

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$221,450Low confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$10,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
$
%
$
%
$
+CMHC insurance
$8,356$6,135$5,234$0
=Total mortgage
$217,261$204,045$192,149$175,920
Amortization
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%
%
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Payment frequency
=Mortgage payment
$1,061monthly$996monthly$938monthly$859monthly
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Land Transfer Tax

Provincial

$1,924

Total Land Transfer Tax

$1,924

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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