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    London / Carling

    1001 - 573 Mornington Ave

    For Sale520 Mornington Avenue
    $199,900
    2 Beds
    1 Bath
    1 Parking
    700 - 799 SQFT
    9 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $509/mth
    Taxes:
    $1,290 (2024)
    Cost Per Sqft:
    $250 - $286/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    January 24, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Wall Unit
    Heat Source
    Other
    Heating
    Baseboard

    Room Dimensions

    Living
    18.47 x 14.96ft
    Bedroom
    13.03 x 11.68ft
    Bedroom
    11.71 x 11.45ft

    About this Listing

    Discover urban living at its finest with this charming 2-bedroom condo, currently utilizing one bedroom as a den with balcony access. Perfectly located near Fanshawe College, this home offers affordable living with utilities included in the condo fee. Enjoy breathtaking 10th-floor views of downtown London and the skyline, providing a stunning backdrop for your daily life. The condo is in excellent condition, with well-maintained paint, trim, and flooring, ensuring a seamless move-in experience. Ideal for students, professionals, or investors, this property is a fantastic opportunity to embrace comfort and convenience. Schedule your viewing today!

    keller williams lifestylesMLS® #X11937681

    Amenities

    Gym Room
    Outdoor Pool
    Visitor Parking

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Price Trends

    Maintenance Fees

    520 Mornington Avenue vs The Carling Area

    Building Trends At 520 Mornington Avenue

    Days on Strata

    Units at 520 Mornington Avenue spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Carling

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -20%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 3 condos in the Carling area

    Sold Units

    41
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    520 Mornington Avenue offers the
    ?
    N/A
    best value out of 3 condos in the Carling neighbourhood

    Appreciation Rank

    520 Mornington Avenue has the
    ?
    N/A
    highest ROI out of 3 condos in the Carling neighbourhood

    Rental Yield

    520 Mornington Avenue yields the
    ?
    N/A
    highest rent prices out of 3 condos in the Carling neighbourhood

    High Demand

    520 Mornington Avenue is the
    ?
    N/A
    most popular building out of 3 condos in the Carling neighbourhood

    Transaction Insights at 563 Mornington Avenue

    1 Bed2 Bed
    Price Range$149,900 - $228,000$155,000 - $265,000
    Avg. Cost Per Sqft$295$258
    Avg. Wait for Unit Availability41 Days30 Days
    Ratio of Units in Building60%41%

    Transactions vs Inventory

    Total number of units listed and sold in Carling