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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX11901538
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Property Description
1 bedroom unit on the 6th floor with a big balcony, facing east. Nice views. Vacant. Move-in condition. Pet friendly building. Easy to clean hard surface flooring throughout. Family friendly neighbourhood surrounded by mature trees and grass area. Walking distance to all the shopping at the corner of Oxford and Highbury and easy access to Fanshawe College. Property tax is $1290/yr. Condo fee is $496.25/mth which includes heat, hydro, and water!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,290 (2024)
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 | Flat | 11.52' x 22.01' | |
Kitchen | Flat | 8.01' x 10.99' | |
Br | Flat | 10.99' x 16.01' | |
Dining | Flat | 8.99' x 14.99' |
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London Market Statistics
London Price Trend
583 Mornington Ave 606 is a 1-bedroom 1-bathroom condo listed for sale at $179,900, which is $154,155 (46.1%) lower than the average sold price of $334,055 in the last 30 days (December 8 - January 6). During the last 30 days the average sold price for a 1 bedroom condo in London increased by $64,065 (23.7%) compared to the previous 30 day period (November 8 - December 7) and up $132,555 (65.8%) from the same time one year ago.Inventory Change
There were 11 1-bedroom condos listed in London over the last 30 days (December 8 - January 6), which is down 31.2% compared with the previous 30 day period (November 8 - December 7) and up 1,000.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($1,551) (0.5%) below asking price over the last 30 days (December 8 - January 6), which represents a $2,794 increase compared to the previous 30 day period (November 8 - December 7) and ($15,956) 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 1-bedroom condos in London over the last 30 days (December 8 - January 6) stood at 81.8%, up from 68.8% over the previous 30 days (November 8 - December 7) and down from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in London stood at 33 days when successfully sold over the last 30 days (December 8 - January 6), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
Similar Listings
Great first time buyer or investor opportunity. Unit was fully renovated in 2022 including kitchen, paint, flooring, toilet & vanity. Located close to shopping, transportation and Fanshawe College. There is additional overflow parking available in the gravel lot to the east of the building for individuals with more than 1 vehicle.
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Affordable One Bedroom condo at 563 Mornington Avenue with opportunity to build equity. Great location with public transit right outside the building, a short walk to shopping, Fanshawe College and other amenities. Low property taxes and condo fee of $496.25 includes, heat, hydro and water. Currently tenant-occupied. ****No interior photos are available due to being tenanted****
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Large 2 bed unit with a big balcony. Priced well below market value. Seller will only consider offers where the buyer assumes the tenant - no exceptions (once a buyer takes possession of the property you're free to serve notice for vacant possession). Tenant moved in May 1, 2017 and is currently renting on a month-to-month basis at $927.60/mth. Rent was last increased on Sept 1/23. Family friendly neighbourhood surrounded by mature trees and grass area. Walking distance to all the shopping at the corner of Oxford and Highbury and easy access to Fanshawe College with the bus stop at your door. Property tax is $1388/yr. Condo fee is $652/mth which includes heat, hydro, water. No Pictures available. Viewing by appointment only.
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1 bedroom unit with serene views of trees and creek! Enter through the front door into the open concept unit featuring living room, dinette and kitchen. Generous bedroom and 4-piece main bathroom. Updated flooring throughout. Private balcony in clean building. Perfect for first time buyers or investors. Heat and Hydro included in condo fees. Close to public transit, walking trails, golf, highway and more.
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