$174,900

For sale

#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

29 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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$174,900

London East

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#605 583 Mornington Avenue, London East (East G) - Single Family for Sale

#605 583 Mornington Avenue, London East (East G), Ontario, N5Y3E9

1 bed1 bath1 parking650 ft²$509/mo condo feeListed 53 days ago

Overview

This 1-bedroom, 1-bathroom condo in London East is for sale offering roughly 650 sq ft of space. Its $174,900 asking price sits right in line with the $174,900 median in London East. It has been on the market 53 days, fresher than the London East average of 70 days.

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

Description

This bright and well-maintained 1-bedroom,den and 1 bath condo provides an outstanding opportunity for first-time buyers, retirees, or potential investment. It's located just minutes from Fanshawe College, with easy access to transit, grocery stores, gyms, schools, and parks. Open concept design, this unit boasts an updated kitchen with ample cabinet space and flows nicely to the dinette area, perfect for everyday meals or a quiet morning coffee. The oversized living room offers plenty of space for relaxing or entertaining, and features a patio walkout to your north facing private balcony. The bedroom is spacious and bright, with ample room for a full bedroom setup plus additional furniture. A 4-piece bathroom includes a tub/shower, updated vanity and a linen closet, adding useful storage. An additional storage closet by the front entry is perfect for all those extra items. Additional features include ample parking and convenient in-building laundry facilities. If you're looking for a low-maintenance home in a convenient location, this could be the perfect, Condo fee incudes Heat, Hydro and water (id:66096)

Property Details

MLS®: X13779660
Property Type: Single Family
Zoning: R9-3
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $509/mo
Fee Includes: Heat, Electricity, Water
Ownership: Condo/Strata
Property Tax: $1,375/yr
Listed: 53 days ago

Rooms

Main level

Dining room: 3.6 x 3.23 meters
Kitchen: 2.74 x 2.44 meters
Living room: 5.56 x 3.51 meters
Primary Bedroom: 3.92 x 3.42 meters
Bathroom: 2.45 x 1.47 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

London East (East G) listings, avg age

70d

Price / ft²

$269

List price

$175K

Haho

This 1-bed single family in London East (East G) has been listed for 53 days, which is 17 days fresher than the city average of 70. Act while there is still low competition.

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Listed by SUTTON - JIE DAN REALTY BROKERAGE · FAISAL ANWAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Y)

This home lists at $174,900, about 2.8× the local median household income of $63,600.

Carrying it typically needs a household income of about $34,164 (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)

$174,900· $269/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $8,745

Min 5%50%

Mortgage payment$921/mo

↳ CMHC premium ($6,646 capitalized)

Property tax (est.)$115/mo

Condo fee$509/mo

Total monthly$1,544

Cash Needed to Close

Down payment (5%)$8,745

Land transfer tax$1,474

Est. closing costs$3,025

Total cash needed$13,244

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