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Property Description
1 bedroom + den on the top floor - Good view over the city. Vinyl plank flooring in all living areas. Well located close to shopping, parks and Fanshawe College. London Transit stop located close by. Low taxes and condo fee includes all utilities. Ready for immediate occupancy!
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Property Features
Public Transit, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,227 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
None
Elevator
Yes
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 8.01' x 13.42' | |
| Den | Main | 8.01' x 12.01' | |
| Kitchen | Main | 8.99' x 6.99' | |
| Br | Main | 10.40' x 12.40' | |
| Dining | Main | 12.40' x 12.40' | |
| Bathroom | Main | 8.99' x 6.23' |
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London Market Statistics
London Price Trend
583 Mornington Ave 1109 is a 2-bedroom 1-bathroom condo listed for sale at $179,900, which is $213,306 (54.2%) lower than the average sold price of $393,206 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom condo in London declined by $4,675 (1.2%) compared to the previous 30 day period (July 21 - August 19) and down $32,427 (7.6%) from the same time one year ago.Inventory Change
There were 65 2-bedroom condos listed in London over the last 30 days (August 20 - September 18), which is up 51.2% compared with the previous 30 day period (July 21 - August 19) and up 1,200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($5,567) (1.4%) below asking price over the last 30 days (August 20 - September 18), which represents a $4,602 increase compared to the previous 30 day period (July 21 - August 19) and ($6,666) 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 20 - September 18) stood at 44.6%, down from 1,230.2% over the previous 30 days (July 21 - August 19) and down from 60.0% 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 40 days when successfully sold over the last 30 days (August 20 - September 18), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Centre City Realty Inc.
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