Unknown for 511 Gainsborough Rd #410, London North Ontario N6G 4Z5
20 hours on Market

511 Gainsborough Rd #410, London North, Ontario N6G 4Z5

In the same building:
-
Condo
2
1
~800-899 sqft
$199,900
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Condo
2
1
~800-899 sqft

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Highlights

Property Estimate

Days on market20 hours

Estimated valueNot available

Price/Sqft$236/sqft

Monthly cost

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+3

Properties sold*

$390K

Median sold price*

*Based on last 30 days

Description

The Gainsborough is a unique Life Lease Community for adults 55+ Discover comfort and convenience in this stylish 2-bedroom, 1-bathroom condo with private balcony. Perfectly designed for modern living, this home offers a well-appointed layout with neutral finishes throughout. The open concept living and dining area is spacious, offering plenty of natural light and a warm, inviting atmosphere with vaulted ceilings and large transom window. The kitchen features ample cabinet and counter space ideal for preparing meals or entertaining guests. The spacious bedrooms offer a peaceful retreat, complete with a generous closets for all your storage needs. The 4 pc. bathroom is very spacious and functional. Separate in unit laundry room with storage. Located in a desirable neighborhood, this home provides easy access to local shops, restaurants, and public transportation, making it the ideal spot for city living. Building offers woodworking room, library, exercise room, billiards room, ping pong, fireside lounge, hair salon, chapel, guest suites, outdoor patios and sitting space. Each unit includes an exclusive underground storage locker, with open surface parking included and underground parking available for $50/month (subject to availability) Located within walking distance of the scenic nature trails, Sherwood Forest Mall, Aquatic Centre, public transit, and University Hospital. This community is ideal for an active and social lifestyle. Please note that this is a no-pet, cash-purchase-only community with no mortgage options available for life lease. All appliances included! Cash purchase only, a Life lease building cannot be mortgaged. For Adults 55 plus. Maximum of 2 adults per unit. No Pets & No Renters allowed.


Property Details

StyleApartment
ViewForest, Garden
Age of property31-50
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12350316
Community NameMedway
Data SourceTRREB
Listing byKELLER WILLIAMS LIFESTYLES

Features

Heating: Water
Cooling: Central Air

Main Floor

Living

3.9 x 5.53

Kitchen

2.6 x 3.54

Primary

3.22 x 4.09

Br

2.55 x 4.09


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


2Story
Elevator
Amenities

Exercise Room, Car Wash, Guest Suites, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Aug 18, 2025
ListedActive
$199,900
20 hours on market
history photo preview37
Listing by trreb®

Market Data - Medway

Geo Zone Map ThumbnailMedway

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

33 days

2023

21 days

2022

26 days

New Listings

Past 30 days

9 listings

Compared to

2024

7 listings

2023

10 listings

2022

4 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

10 units

2022

1 unit

Median Sold Price

Past 30 days

$401,700

Compared to

2024

$390,000

2023

$454,000

2022

$439,900


Population and Demographics

Overview

Total population 19033
Average household income $119,141

Age (%)

0 to 19
25%
20 to 34
24%
35 to 49
18%
50 to 64
17%
65 and plus
16%

Household composition (%)

Single family
67%
Single person
25%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
76%
Arabic
5%
Spanish
4%
Mandarin
4%
Others
3%
French
1%
Korean
1%
Polish
1%
Portuguese
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget