1 day on Market

511 Gainsborough Rd #301, London North, Ontario N6G 4Z5

In the same building:
-
Condo
2
1
~900-999 sqft
$249,900
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Condo
2
1
~900-999 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$264/sqft

Monthly cost

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Description

Welcome Home! The Gainsborough is not only a great building to live in but it offers an entire lifestyle experience for singles or couples aged 55+ allowing you to be immersed into a great social situation filled with lots to do. Located in a great part of London with all amenities in close proximity and many within walking distance, this building has it all. Inside the clean upscale building there is lots to do on the daily, including 24 Hour Video surveillance security system, Convenient underground parking garage with car wash bay, Three elevators, Individual storage lockers, Exercise room, Billiards room, Fireside lounge and library, Wood workshop, Hair salon, Chapel, Guest Suites and several Gardens. Coffee hour, bridge, bingo, Wii bowling and euchre are popular organized events that take place in The Gainsborough resource centre throughout the week. The unit offered is "The Windsor" floor plan, which features 2 bedrooms and 1 bathroom, spacious kitchen with lots of cupboard space and an open concept living dining area that walks out onto the south facing balcony. Each unit has its own storage locker for additional space. ***Please note that this property is a life lease community, everyone must be 55+, with no more than 2 inhabitants per unit, there are absolutely no pets allowed, no renters allowed, and all purchases are cash only with no option to have a mortgage on these units. All appliances are included.


Property Details

Style1 Storey/Apt
ViewTrees/Woods, Panoramic, Forest, Garden
Age of property31-50
SqFt~900-999 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberX12753070
Community NameMedway
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Heat Pump
Cooling: Central Air

Main Floor

Foyer

1.48 x 3.51

Tile Floor

Living

3.96 x 3.05

hardwood floor / W/O To Patio / Bay Window

Kitchen

2.66 x 3.64

Double Sink / Laminate / Tile Floor

Laundry

2.4 x 1.65

Closet / Combined W/Laundry


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 1

Total parking spaces 2


Elevator
Amenities

Car Wash, Community BBQ, Elevator, Exercise Room, Guest Suites, Games Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 3, 2026
ListedActive
$249,900
1 day on market
history photo preview46
Listing by trreb®
Property listed by BLUE FOREST REALTY INC., Brokerage
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Market Data - Medway

Geo Zone Map ThumbnailMedway

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2025

0 day

2024

55 days

2023

10 days

New Listings

Past 30 days

6 listings

Compared to

2025

6 listings

2024

2 listings

2023

5 listings

Units sold

Past 30 days

3 units

Compared to

2025

0 unit

2024

2 units

2023

2 units

Median Sold Price

Past 30 days

$410,000

Compared to

2024

$350,000

2023

$432,412


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