$239,900

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#508 563 Mornington Avenue, London East (East G) - Single Family for Sale

#508 563 Mornington Avenue, London East (East G), Ontario, N5Y4T8

2 beds1 bath1 parking850 ft²$652/mo condo feeListed 127 days ago

Overview

This 2-bedroom, 1-bathroom condo in London East is for sale offering roughly 850 sq ft of space.

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Description

Spacious and beautifully updated 2-bedroom condo. Features include 1 full bathroom with sink, toilet, and bathtub/shower combination, plus extra shelving in bedroom closets for added storage and organization. The kitchen and bathroom have been fully renovated, complemented by new flooring throughout and modern light fixtures. Condo fees include all utilities for added convenience. The building offers controlled entry and recently upgraded fire system for enhanced safety and peace of mind. Ideally located in a highly desirable area within walking distance to Fanshawe College and just minutes from shopping, dining, public transit, parks, and quick access to Highway 401. (id:66096)

Property Details

MLS®: X13515038
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $652/mo
Fee Includes: Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,626/yr
Listed: 127 days ago

Rooms

Main level

Bedroom: 4.27 x 3.05 meters
Bedroom 2: 3.35 x 2.74 meters
Kitchen: 3.66 x 2.13 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Concrete
Lot Features: Balcony, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

127d

London East (East G) listings, avg age

70d

Price / ft²

$282

List price

$240K

Haho

This 2-bed single family in London East (East G) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by COMFREE · Tatum Fitton

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Y)

This home lists at $239,900, about 3.8× the local median household income of $63,600.

Carrying it typically needs a household income of about $46,861 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $63,600
Population: 35,934
Median age: 35.6
Owner / renter: 45% / 55%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Y)

$239,900· $282/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,995

Min 5%50%

Mortgage payment$1,264/mo

↳ CMHC premium ($9,116 capitalized)

Property tax (est.)$136/mo

Condo fee$652/mo

Total monthly$2,051

Cash Needed to Close

Down payment (5%)$11,995

Land transfer tax$2,124

Est. closing costs$3,220

Total cash needed$17,339

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#508 563 Mornington Avenue, London East (East G) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N5Y)

Book a showing

Full Cost Breakdown