Listed by Sutton Group Preferred Realty Inc..

116-511 Gainsborough Road is a Condo Apt, Apartment and is currently for Sale @ $224,900. Taxes in 2024 were $1,647.29.

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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. The Apartment on 116-511 Gainsborough Road has 2 bedrooms, 1 bathrooms, and is located in the community of North F . 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 generous sized bedrooms, 1 bath, convenient in-suite laundry & storage room, eat-in kitchen & vinyl floors, with carpet in bedrooms. It comes with a storage locker too. If you like staying active, this complex boasts an excellent social and community atmosphere with organized social events & numerous onsite amenities such as exercise room, billiards room, ping pong table, fireside lounge & library, workshop, hair salon, chapel, guest suites, outdoor patios & gardens, underground car wash bay & more. Within walking distance of scenic Medway Valley nature trails, shopping & groceries at Sherwood Forest Mall & public transit, with University Hospital and other amenities a short drive away. Every suite is individually metered for gas & hydro and Residents are responsible for heating & AC maintenance & repairs, utilities, taxes, condo insurance and monthly fees for their share of common area costs such as water, exterior maintenance, landscaping, management, replacement reserve fund etc. There is surface parking and some underground parking (as becomes available $50 per spot per month). This building is a Life Lease and requires a Cash Purchase (no mortgages). No Pets, No Renters and Maximum 2 Occupants per unit. New Air Conditioning unit installed in 2021. Hot Water Gas Heating with Air Handler. For more info see www.thegainsborough.com

The address 116-511 Gainsborough Road was listed for sale (MLS# X11969348) on Wednesday, February 12, 2025.