563 Mornington Ave 1105
London, N5Y 4T8
FOR SALE
$239,900
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2
BEDROOMS1
BATHROOMS1
KITCHENS6
ROOMSX8227490
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Property Description
2 BEDROOM - NEWLY FULLY RENOVATED LARGE Condo with Bonus bedroom (Den). Spacious unit. Status certificate available. PLENTY PARKING. KITCHEN and beautiful subway tile backsplash. Stainless Appliances (Fridge, Glass top Oven, Dishwasher, Microwave). Stainless sink, modern faucet and beautiful backsplash. All windows and balcony sliding door have been replaced. LARGE master-bedroom w/closet (10x12.5), Extra Bedroom/Den (12x10) opens to balcony. Hallway has additional linen closets. Foyer/closet and large storage closet. LARGE BATHROOM with linen closet and modern ceramic tiles on floor and walls. BALCONY has Beautiful view with greenbelt, sunsets, full moons, Down-town fireworks. Gas BBQs allowed. Newer windows, patio doors and balcony railings. Building has SECURITY Cameras and Office right in the complex. Family friendly neighborhood, surrounded by mature landscaping, Walking distance to great shopping. Public transportation at your front door. Condo fee INCLUDE UTILITIES (Heat, Hydro, Water). Assigned parking space. Beautiful large renovated LAUNDRY room with all new fully automatic washers and dryers on main floor. Near FANSHAWE COLLEGE. This unit is rented for $2000/m. Ongoing improvements are made to the complex.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-03 | 2022-05-17 | 13 | $265,000 | $266,000 | Sold |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,028 (2023)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Radiant
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Wall Unit
Elevator
Yes
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 10.01' x 12.47' | |
| 2nd Br | Main | 10.01' x 12.47' | Balcony |
| Bathroom | Main | 5.05' x 6.99' | 4 Pc Bath |
| Kitchen | Main | 5.05' x 6.99' | B/I Dishwasher, B/I Ctr-Top Stove, B/I Fridge |
| Living | Main | 10.01' x 12.50' |
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London Market Statistics
London Price Trend
563 Mornington Ave 1105 is a 2-bedroom 1-bathroom condo listed for sale at $239,900, which is $245,670 (50.6%) lower than the average sold price of $485,570 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $13,570 (2.9%) compared to the previous 30 day period (March 2 - March 31) and down $64,430 (11.7%) from the same time one year ago.Inventory Change
There were 43 2-bedroom condos listed in London over the last 30 days (April 1 - April 30), which is up 514.3% compared with the previous 30 day period (March 2 - March 31) and up 975.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($8,864) (1.8%) below asking price over the last 30 days (April 1 - April 30), which represents a $1,436 increase compared to the previous 30 day period (March 2 - March 31) and ($13,550) 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 condos in London over the last 30 days (April 1 - April 30) stood at 111.6%, down from 114.3% over the previous 30 days (March 2 - March 31) and down from 150.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in London stood at 33 days when successfully sold over the last 30 days (April 1 - April 30), compared to 33 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc., Brokerage
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