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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 6
ROOMSX11931516
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Property Description
Stunning Bright Duplex in Prime East End Location. Welcome to this beautiful, bright duplex located in the heart of the highly sought-after east end. Perfectly designed for both homeowners and investors, this property offers two identical units, each with their own separate driveways and services, ensuring privacy and convenience for both occupants. Each unit boasts a spacious, light-filled layout and thoughtful design. Whether you're looking to live in one unit and rent out the other, or rent both for a steady income stream, this property delivers flexibility and value. Situated in a vibrant neighborhood, you'll be just minutes away from all the amenities you need, including schools, shopping, dining, parks, and public transit. The family-friendly location combined with its proximity to conveniences makes it ideal for tenants or multi-generational living. Don't miss out on this rare opportunity to own a versatile property in one of the city's best neighborhoods. Book your showing today!
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Property Features
Park, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, Other
Approximate Sq.Ft.
700-1100
Lot Size
82' x 61'
Acreage
< .50
Fronting
South
Taxes
$2,989 (2024)
Basement
Apartment
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.42' x 13.62' | |
| Bathroom | Main | 7.51' x 7.58' | 4 Pc Bath, Laminate |
| Kitchen | Main | 8.14' x 8.20' | Laminate, B/I Appliances, Open Concept |
| Dining | Main | 9.09' x 11.45' | |
| Br | Main | 10.96' x 11.38' | Closet |
| 2nd Br | Main | 8.40' x 11.32' | |
| Living | Lower | 11.42' x 13.62' | |
| Bathroom | Lower | 7.51' x 7.58' | 4 Pc Bath, Laminate |
| Kitchen | Lower | 8.14' x 8.20' | Laminate, B/I Appliances, Open Concept |
| Dining | Lower | 9.09' x 11.45' | |
| Br | Lower | 10.20' x 10.53' | Closet |
| 2nd Br | Lower | 7.78' x 10.93' | Closet |
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London Market Statistics
London Price Trend
337 Mornington Ave is a 2-bedroom 2-bathroom home listed for sale at $499,000, which is $37,512 (7.0%) lower than the average sold price of $536,512 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in London declined by $12,538 (2.3%) compared to the previous 30 day period (November 19 - December 18) and up $46,512 (9.5%) from the same time one year ago.Inventory Change
There were 39 2-bedroom homes listed in London over the last 30 days (December 19 - January 17), which is down 20.4% compared with the previous 30 day period (November 19 - December 18) and up 1,850.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($12,586) (2.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,696 decrease compared to the previous 30 day period (November 19 - December 18) and ($24,450) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in London over the last 30 days (December 19 - January 17) stood at 128.2%, up from 89.8% over the previous 30 days (November 19 - December 18) and down from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 33 days when successfully sold over the last 30 days (December 19 - January 17), compared to 125 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Advantage Realty Ltd.
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