$239,900

For sale

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#604 583 Mornington Avenue, London East (East G) - Single Family for Sale

#604 583 Mornington Avenue, London East (East G), Ontario, N5Y3E9

2 beds1 bath1 parking ft²

#504 583 Mornington Avenue, London East (East G), Ontario, N5Y3E9

2 bd1 ba1 pk950 ft²+$652/mo

Listed by ROYAL LEPAGE TRILAND REALTY

#1011 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

For saleJust listed

4 days ago

$165K

#1011 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

1 bd1 ba1 pk650 ft²+$509/mo

Listed by CENTURY 21 FIRST CANADIAN CORP

#103 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

For sale

18 days ago

$173K

#103 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

1 bd1 ba1 pk650 ft²+$481/mo

Listed by SUTTON GROUP - SELECT REALTY

#606 563 MORNINGTON Avenue, London East (East G), Ontario, N5Y4T8

For sale

30 days ago

$150K

#606 563 MORNINGTON Avenue, London East (East G), Ontario, N5Y4T8

1 bd1 ba1 pk650 ft²+$509/mo

Listed by NEWGEN REALTY EXPERTS

Investment analysis

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$239,900

London East

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$652/mo condo fee

Overview

This 2-bedroom, 1-bathroom condo in London East is for sale offering roughly 850 sq ft of space. It has been on the market 43 days, fresher than the London East average of 70 days.

Condos for Sale in London East →All real estate in London East →

Description

Welcome to this well-maintained 2-bedroom, 1-bathroom condominium offering exceptional value in a convenient location near Highbury Avenue and Oxford Street. Situated within walking distance of shopping, grocery stores, restaurants, and everyday amenities, this home provides easy access to public transit, with a bus stop just steps from the building. downtown London is a short commute away. An excellent opportunity for first-time buyers seeking affordable homeownership. (id:66096)

Property Details

MLS®: X13821354
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: Wall unit
Garage: Other, No Garage, Shared
Condo Fee: $652/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,727.11/yr
Listed: 43 days ago

Rooms

Main level

Primary Bedroom: 4.27 x 3.05 meters
Bedroom 2: 3.66 x 2.24 meters
Kitchen: 3.66 x 2.13 meters
Foyer: 2.13 x 1.52 meters
Other: 5.59 x 4.88 meters

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

Features

Appliances: Refrigerator, Stove
Exterior: Concrete
Lot Features: Balcony, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

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) has been listed for 43 days, which is 27 days fresher than the city average of 70. Act while there is still low competition.

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Listed by Gold Estate Realty Inc. · M. KASHIF

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.)$144/mo

Condo fee$652/mo

Total monthly$2,060

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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