563 Mornington Ave 204

East G, London, N5Y 4T8
FOR SALE
$229,000
563 Mornington Ave 204, London
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
563 Mornington Ave 204
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X9285494
MLSID
Contact Us
Property Description
Affordable 2-Bedroom Corner Unit Condo Near Fanshawe College in London. This well-maintained 2-bedroom condo corner unit offers an affordable and efficient living space, just minutes from Fanshawe College. The 1001 sq ft layout includes an open living area filled with natural light and a private balcony with views of the surrounding area.Located in a convenient neighborhood close to public transit, shopping, and parks, this condo provides easy access to all essentials. The building features secured entry, elevators, on-site management, and a newly renovated laundry room with automatic washers and dryers. An assigned parking space is also included.With all utilities heat, hydro, and water included in the condo fees, this home offers truly cost-effective living.Ideal for students, first-time buyers, or anyone seeking a practical, low-maintenance home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-05 2020-03-08 4 $159,900 $159,900 Sold
Property Details
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,300 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Wall Unit
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Surface
London Market Statistics
London Price Trend
563 Mornington Ave 204 is a 2-bedroom 1-bathroom condo listed for sale at $229,000, which is $184,066 (44.6%) lower than the average sold price of $413,066 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $15,948 (4.0%) compared to the previous 30 day period (July 20 - August 18) and down $102,884 (19.9%) from the same time one year ago.
Inventory Change
There were 59 2-bedroom condos listed in London over the last 30 days (August 19 - September 17), which is up 34.1% compared with the previous 30 day period (July 20 - August 18) and up 1,080.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($3,484) (0.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $6,717 increase compared to the previous 30 day period (July 20 - August 18) and ($7,500) 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 (August 19 - September 17) stood at 50.8%, down from 1,195.5% over the previous 30 days (July 20 - August 18) and up from 40.0% 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 45 days when successfully sold over the last 30 days (August 19 - September 17), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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