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511 Gainsborough Road 116, London North, ON N6G 4Z5 | Recently Sold Condo Apartment in London North | CondoPoint | CondoPoint

$220,000

Off-Market

511 Gainsborough Road 116, London North, ON N6G 4Z5

2Bedrooms

1Bathrooms

1Parking

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityLondon North

NeighbourhoodNorth F

Days on Market21 Days

Sold DateApr 15, 2025

ExposureNorth

LockerExclusive

Property Description

The Gainsborough is a Life Lease Community for adults 55+ allowing affordable and worry-free retirement living on over 5 acres of beautifully landscaped grounds. This ground floor unit faces North and you will enjoy having coffee on your patio that backs onto a private lush green space. This Windsor floor plan has 2 ge...

Property Details

Construction MaterialsConcrete

Approximate Age0

MLS StatusSold

MLS #X11969348

Sold DateApr 15, 2025

Annual Taxes$1,647.29

Maintenance Fees$668.65

Maintenance Fee IncludesWater Included, Common Elements Included

Building NameThe Gainsborough

Cross StreetsWonderland Rd N

Interior Features

HeatingWater (Gas)

CoolingCentral Air

LaundryMain Level

Exterior Features

Architectural StyleCondo Apartment

Garage TypeSurface

Pets AllowedNo

ElevatorYes

Exterior FeaturesConcrete

Map

Rooms

Name	Size	Meter Features
Laundry	1.68 x 2.36 m
Living Room	3.96 x 5.49 m
Kitchen	2.66 x 3.5 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$1,954 / month

Req. Household Income

$57,460/yr

Est. Upfront Cash

$12,500

Down Payment (5.0%)$11,000

5.0% ($11,000)50% ($110,000)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$1,148

Property Taxes

$137

Maintenance Fees

$669

Req. Household Income (32% GDS):$57,460/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.