Patio, mountain view for 511 Gainsborough Rd #113, London North Ontario N6G 4Z5
1 day on Market

511 Gainsborough Rd #113, London North, Ontario N6G 4Z5

In the same building:
-
Condo
1
1
~700-799 sqft
$184,900
Get pre-qualifiedPowered by nesto
Condo
1
1
~700-799 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$248/sqft

Monthly cost

Open Calculator

Description

Welcome to the Gainsborough! This is a unique Life Lease Community for adults 55+. Discover comfort and convenience in this stylish main floor 1-bedroom, 1 bathroom condo with balcony. Perfectly designed for modern living, this unit 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 plenty of windows. The updated kitchen features built-in appliances with ample cabinet and counter space ideal for preparing meals or entertaining guests. The spacious bedroom offers a peaceful retreat, complete with a generous closets for all your storage needs. The 4 pc. bathroom is very spacious and functional with in unit laundry. Located in a desirable neighborhood, this unit 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 close to 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
View-
Age of property31-50
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX13626038
Community NameMedway
Data SourceTRREB
Listing byKELLER WILLIAMS LIFESTYLES

Features

Heating: Heat Pump
Cooling: Central Air

Main Floor

Living

3.99 x 5.16

Kitchen

2.91 x 2.85

Primary

3.25 x 3.77


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


2Story
Elevator
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 31, 2026
ListedActive
$184,900
1 day on market
history photo preview39
Listing by trreb®
Property listed by KELLER WILLIAMS LIFESTYLES, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Medway

Geo Zone Map ThumbnailMedway

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

47 days

Compared to

2025

17 days

2024

33 days

2023

21 days

New Listings

Past 30 days

10 listings

Compared to

2025

8 listings

2024

7 listings

2023

10 listings

Units sold

Past 30 days

4 units

Compared to

2025

2 units

2024

3 units

2023

10 units

Median Sold Price

Past 30 days

$374,950

Compared to

2025

$401,700

2024

$390,000

2023

$454,000


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