Property Details

1007 Gainsborough Road, London North

$1,150,000
SOLD Login to see the price

Description

For Sale - Rare Hyde Park / Northwest London Opportunity - 1007 Gainsborough Road. Rare opportunity to acquire a prime Residential / Commercial property or Redevelopment site in a rapidly growing area & one of London's most dynamic growth areas of Hyde Park Village / Northwest London corridor. Whether for immediate occupancy, income, or future redevelopment, this property offers outstanding upside potential. Situated in the heart of the Hyde Park Village / Northwest London growth area, this 0.380 acre site (79 ft x 209 ft) presents a truly unique opportunity for investors, developers, and owner/users alike. Currently improved with a single-storey bungalow (~1,520 SF main floor + partially finished basement), attached double garage (~645 SF), and detached single garage (~280 SF), the property provides immediate usability with tremendous future potential. Surrounded by expanding residential communities, retail plazas, and lifestyle amenities. Why This Property Stands Out - Flexible Zoning (BDC - Business District Commercial): Unlocks a wide variety of residential, commercial, and mixed-use possibilities. - High-Exposure Location: In the path of rapid development along Gainsborough Road & Hyde Park Village. - Versatile Options: Renovate/modernize existing home for single-family or rental use, Re-purpose for commercial/residential mixed-use, redevelop under BDC zoning - potential for apartment building with main floor Commercial or other permitted uses. Existing Improvements: - Main Floor: Kitchen, dining, living, family room, 3 bedrooms (primary with ensuite), laundry, & 3 bathrooms. Basement: Recreation room, cold room, mechanical/storage, walk-up to garage. - Brick Exterior, poured concrete foundation, pitched asphalt roof, vinyl windows, 200-amp service, natural gas forced-air furnace & A/C. Serviced by private well (municipal water available at road & septic weeping bed). - Condition: Being Sold "as is, where is". Seller makes no representations or warranties.

Additional Details

  • MLS®
    X12530600
  • Community
    North E
  • Lot Size
    79.2 X 209.16 Ft.
  • Approx Sq Ft
    1500-2000
  • Acreage
    < .50
  • Building Type
    Detached
  • Building Style
    Bungalow
  • Taxes
    $5448.28 (2025)
  • Garage Space
    2
  • Garage Type
    Attached
  • Parking Space
    10
  • Air Conditioning
    Central Air
  • Heating Type
    Forced Air
  • Kitchen
    1
  • Basement
    Full, Partially Finished
  • Pool
    None
  • Zoning
    h-108*BDC
  • Listing Brokerage
    CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO

Features

Location

1007 Gainsborough Road , London North, ON N6H 5L4

Nearby Schools

Source: Schools information and student demographics
For further information and school ranking visit Fraser Institution and EQAO.

  Green Yellow Orange Red
Average student achievements (out of 100%) 100-76 75-60 60-40 40-0

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Listing Brokerage

  • CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO

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Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

C
Christina Winkler
Christina Winkler
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