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MLS® X13775544
London, ON
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!!
Inclusions
Refrigerator, Dishwasher, Stove, Washer, Dryer
Broker
RE/MAX ICON REALTY
Building
Grace Community
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Grace Community
511 Gainsborough Road #327 London
London North
Built
16-30
Type
Condo Apartment
Basement
None
Parking
Underground (1)
Property Tax
~$1,819/yr
Heating
Forced Air
Laundry
In-Suite Laundry
Buying Essentials
Maintenance Fee
$772/mo
Fee Includes
Building Insurance · Common Elements · Water
Square Feet
850 sqft
Parking
Underground (1)
Locker
Exclusive
Finances
List Price
$224,500
Price per SQFT
$264/sqft
Property Tax
~$1,819/yr
Property Specs
Property Type
Condo Apartment
MLS Size
850 sqft
Age of Building
16-30
Exposure
North South
Outdoor Space
Open
Basement
None
Living & Amenities
Laundry
In-Suite Laundry
Heating Type
Forced Air
Features
Carpet Free · Storage Area Lockers · Storage
Policies & Utilities
Pets Allowed
No
Neighbourhood
London North
Corp #
GCC 0
Property Manager
Grace Community Corp
Listed On
Sep 11, 2026
Days on Market
Current: 58 days
9.0 x 4.1
37 sqft
Vaulted Ceiling(s)
13.0 x 18.0
234 sqft
Updated, Backsplash
11.9 x 8.9
106 sqft
10.0 x 14.0
140 sqft
8.6 x 11.7
101 sqft
8.0 x 5.0
40 sqft
Rooms
6
Listed Room Area
658 sqft
Source
Estimated from MLS room dimensions
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