For saleMLS® X13775544

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

North F, London North · Near Wonderland and Gainsborough · View map

$224,500
2Beds
1Baths
800–899Sq ft
Condo apartmentType
$772/moMaint. fee
UndergroundGarage
1 totalParking
$1,819/yrTaxes
$224,500
Underground parking1 parking space in total
Water includedCovered by the maintenance fee
Central airCool all summer

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. Seller is very motivated!!

The home

Type
Condo apartment
Style
Apartment
Square footage
800-899 sq ft
Bedrooms
2
Bathrooms
1
Kitchens
1
Rooms
6
Basement
None
Faces
North South
Level
3
Balcony
Open
Laundry
In-Suite Laundry
Approximate age
16-30 years

Ownership & fees

Ownership
Condominium
Maintenance fee
$772.30/mo
Fee includes
Building Insurance, Common Elements, Water
Complex
Grace Community
Property management
Grace Community Corp
Pets
No
Locker
Exclusive
Exterior
Brick, Stucco (Plaster)

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Garage
Underground
Total parking
1
Parking features
Surface

Taxes & other

Property taxes
$1,819/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
Wonderland and Gainsborough
Neighbourhood
North F

More

Price per sq ft
~$264 (at 850 sq ft)
MLS® number
X13775544

The home and its surroundings

  • Carpet Free
  • Storage Area Lockers
  • Storage

Included in the maintenance fee

  • Building Insurance
  • Common Elements
  • Water
Want to know something that isn’t listed?
Estimated monthly cost$1,829per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    511 Gainsborough Road, London North, ON N6G 4Z5

    North F, London North · Near Wonderland and Gainsborough

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    Sold history

    Listing history for 511 Gainsborough Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 327 - 511 Gainsborough Road

    Answers come straight from this home’s MLS® listing.

    How much is 327 - 511 Gainsborough Road listed for, and what would it cost each month?

    327 - 511 Gainsborough Road is listed for $224,500. With 20% down ($44,900), the mortgage payment would be roughly $906 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $1,829 a month, all in. That figure is an illustration, not a quote.

    Is 327 - 511 Gainsborough Road freehold or a condo, and is there a monthly fee?

    327 - 511 Gainsborough Road is a condo apartment in North F, London North. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $772.30 a month. The listing says it covers building insurance, common elements, water. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 327 - 511 Gainsborough Road have?

    327 - 511 Gainsborough Road has 2 bedrooms and 1 bathroom.

    Does 327 - 511 Gainsborough Road have a garage and parking?

    Yes. The listing shows the garage as underground. In total the listing counts 1 parking space.

    Does 327 - 511 Gainsborough Road have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 327 - 511 Gainsborough Road?

    327 - 511 Gainsborough Road is a condo apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.

    How big is 327 - 511 Gainsborough Road?

    The listing puts the home between 800 and 899 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 327 - 511 Gainsborough Road heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 327 - 511 Gainsborough Road?

    Property taxes are $1,819 a year (2025), or about $152 a month.

    Are pets allowed at 327 - 511 Gainsborough Road?

    The listing says pets are not allowed.

    Where is 327 - 511 Gainsborough Road?

    327 - 511 Gainsborough Road is in the North F community of London North. The nearest main intersection is Wonderland and Gainsborough. The postal code is N6G 4Z5.

    Is 327 - 511 Gainsborough Road still for sale?

    Yes. It is an active listing (MLS® X13775544). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 327 - 511 Gainsborough Road asking?

    Similar properties for sale nearby right now include 307 - 511 Gainsborough Road at $217,900 (2 bed), 203 - 511 Gainsborough Road at $274,999 (2 bed) and 207 - 600 Grenfell Drive at $224,900 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 511 Gainsborough Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 327 - 511 Gainsborough Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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