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Property Description
Vacant, 2 bedroom unit on the 7th floor, with a big balcony, facing West. 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 & Highbury and easy access to Fanshawe College with the bus stop at your door. Property tax is $1462/yr. Condo fee is $636/mth which includes heat, hydro, water.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,462 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
None
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 16.01' x 16.40' | |
| Kitchen | Flat | 12.01' x 6.99' | |
| Br | Flat | 10.01' x 14.01' | |
| Br | Flat | 8.99' x 10.99' |
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London Market Statistics
London Price Trend
583 Mornington Ave 702 is a 2-bedroom 1-bathroom condo listed for sale at $199,800, which is $247,971 (55.4%) lower than the average sold price of $447,771 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in London increased by $82,459 (22.6%) compared to the previous 30 day period (September 1 - September 30) and up $132,771 (42.1%) from the same time one year ago.Inventory Change
There were 69 2-bedroom condos listed in London over the last 30 days (October 1 - October 30), which is up 6.2% compared with the previous 30 day period (September 1 - September 30) and up 1,050.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in London typically sold ($13,999) (3.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,613 decrease compared to the previous 30 day period (September 1 - September 30) and ($14,900) 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 (October 1 - October 30) stood at 40.6%, up from 36.9% over the previous 30 days (September 1 - September 30) and up from 16.7% 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 48 days when successfully sold over the last 30 days (October 1 - October 30), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
Similar Listings
SCHEDULE B + C MUST ACCOMPANY ALL OFFERS. SOLD 'AS IS' BASIS. SELLER HAS NO KNOWLEDGE OF UFFI. SELLER MAKES NO REPRESENTATION AND/OR WARRANTIES. ALL ROOM SIZE APPROX.
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Large 2 bed unit with a big balcony. 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 $636/mth which includes heat, hydro, water. No Pictures available. Viewing by appointment only. Priced well below recent sales for units of the same size.
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Amazing Location & Price. This beautifully updated ground-floor condo apartment is a true gem! Featuring 1 bedroom, 1 bathroom, and a spacious design. It's move-in ready. Perfect for first-time buyers or investors. Rents are $1,400/month. This turn-key unit is a solid investment opportunity. Enjoy low condo fees of $425.61 per month includes Heat, Hydro, Water, and Parking. Fantastic location backing onto a huge greenspace, ideal for outdoor relaxation. Conveniently located close to shopping, schools, Fanshawe College, bus routes and a community rec center. This condo offers everything you need at your doorstep. Don't miss out on this incredible opportunity schedule your showing today!
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Super affordable, south facing one bedroom apartment condo - owner occupy or purchase as an investment! Extra large balcony to soak up the daily sun overlooks the inground community pool. This spacious and bright unit has been freshly painted and is move-in ready! Each floor in the building has its own laundry area. Plenty of open parking. Reasonable condo fee of $432 per month includes water. Every amenity you could need is conveniently located close by - White Oaks Mall, the LCBO, restaurants, more shopping, and access to the 401 is just minutes away. Snap this one up before it's gone!
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