The Gainsborough

The Gainsborough is a 55+ life lease community located at 511 Gainsborough Road in the North F neighbourhood of London North, Ontario. This low-rise apartment condo, dating from roughly 30 to 50 years ago, comprises four storeys and offers independent living with a strong community focus. Recent sales have averaged around $200,000, with monthly condo fees averaging approximately $700. Maintenance fees include water and building insurance. The building features excellent amenities including a games room, exercise room, BBQ area, car wash, and guest suites, alongside common parking and visitor spaces. Prospective buyers should obtain a professional review of the status certificate, reserve fund study, financial statements, and by-laws to understand the building's long-term financial health and any upcoming assessments.