$219,900
For sale: Apartment

You'll enjoy living in this community! The GAINSBOROUGH IS UNIQUE! It is a Life Lease Community for adults 55+, allowing affordable & worry-free retirement living! Situated on approximately 5 acres of beautifully landscaped grounds. This unit is the "Windsor" plan with bonus special features: Vaulted ceiling in the living/dining rooms with 'Transom-like windows that let the Natural Light dance throughout the spacious living space. The private balcony faces north overlooking the lovely park-like gardens! This plan has 2 generous size bedrooms, 1 bath, convenient in-suite laundry & storage room. The kitchen is graced with lovely oak cupboards & lots of counter space. The pass-through window opens to the dining area letting in natural light. All 6 appliances included (the kitchen appliances are newer). Some rooms have been virtually staged. Located in a prestigious neighbourhood with easy access to local shops, groceries, restaurants, drug stores, medical offices, public transit & walking trails! It's a wonderful place to live for a social & active lifestyle! This building offers a library and fireside lounge, billiards and ping pong room, Chapel, guest suite, exercise room, workshop, outdoor patios & sitting areas & more! Each unit includes an underground storage locker. There is a car wash station. Grade level open space common parking included. Underground parking available for $50/month - subject to availability. TERRIFIC LOCATION...within walking distance to Sherwood Forest Mall, Aquatic Centre, Lovely nature & bike trails. Close to University Hospital. NOTE: This is a no-pet, cash only community with No Mortgage Options available for Life Lease. This Life lease buildings cannot be mortgaged. For adults 55+, maximum 2 adults per unit, upon approval. No pets or renters allowed. Cash purchase only.
Sold data
Apartment homes in London North (North F) took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, across 113 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $294,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 113 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London North (North F) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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