Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, North I, N6H 5L5
$2,725$000000
Listed by THRIVE REALTY GROUP INC..
Introducing 1076 Gainsborough Road, situated in one of London's newest and most lively districts. Uptown Gainsborough offers a contemporary 33-unit apartment complex with two convenient street-level commercial spaces currently leased to a cold plunge and sauna studio and a hair salon. Step outside and discover the vibrant neighbourhood, surrounded by Unger's Market, diverse restaurants, cozy coffee shops, and nearby hiking trails. A short ten-minute drive from Western University and Masonville Mall, this location seamlessly blends convenience and comfort. Inside, enjoy round-the-clock access to our state-of-the-art fitness room, allowing you to indulge in private workouts within the comfort of your own home. Additionally, each resident benefits from access to a dedicated bike room on the main floor for additional storage. The Spring Bank unit is a two-bedroom + den and two-bathroom apartment, featuring upscale touches such as 10-foot ceilings, oversized windows, in-suite laundry, and a private south-facing patio. Things to note, each unit in the building includes one parking spot with an option for an additional spot, rent also covers heat and water. Additionally, locker space is available for a nominal fee.
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The graph below compares the average list price and average lease price of condos in this neighborhood by month for the last 24 months. When average lease price is greater than average list price, this may suggest a renter's market. When average lease price is lower than the average list price this may suggest a landlord's market.
The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a renter's market, the green area may indicate a balanced market and the red area may indicate a landlord's market.