For Sale520 Mornington AvenueEst Sell Timeframe 10 Days
$159,900
1 Bed
1 Bath
1 Parking
500 - 599 SQFT
5 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$496/mth
Taxes:
$1,243 (2024)
Cost Per Sqft:
$267 - $320/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
February 3, 2025
Laundry:
Coin Operated
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Hydro
Heat
Water
Parking
Building Insurance
Excluded
Air Conditioning
Utility Type
- Air Conditioning
- None
- Heat Source
- Gas
- Heating
- Radiant
Room Dimensions
Kitchen
8.99 x 4.99ft
Dining
10.01 x 8.01ft
Living
21.49 x 12.01ft
About this Listing
Affordable One Bedroom condo at 563 Mornington Avenue with opportunity to build equity. Great location with public transit right outside the building, a short walk to shopping, Fanshawe College and other amenities. Low property taxes and condo fee of $496.25 includes, heat, hydro and water. Currently tenant-occupied.
re/max centre city realty inc.MLS® #X10430535
Amenities
Visitor Parking
Gym Room
Outdoor Pool
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Carling
Turnover of Units
On average, each unit is owned for
N/A
Property Value
-23%
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
47
Units were Sold over the past twelve months
Rented Units
4
Units were Rented over the past twelve months
Best Value Rank
520 Mornington Avenue offers the best value out of 3 condos in the Carling neighbourhood
?
N/A
Appreciation Rank
520 Mornington Avenue has the highest ROI out of 3 condos in the Carling neighbourhood
?
N/A
Rental Yield
520 Mornington Avenue yields the highest rent prices out of 3 condos in the Carling neighbourhood
?
N/A
High Demand
520 Mornington Avenue is the most popular building out of 3 condos in the Carling neighbourhood
?
N/A
Transaction Insights at 563 Mornington Avenue
1 Bed | 2 Bed | |
---|---|---|
Price Range | $149,900 - $225,000 | $155,000 - $265,000 |
Avg. Cost Per Sqft | $289 | $265 |
Price Range | $1,650 | $1,750 - $2,000 |
Avg. Wait for Unit Availability | 46 Days | 31 Days |
Avg. Wait for Unit Availability | 300 Days | 276 Days |
Ratio of Units in Building | 61% | 40% |
Transactions vs Inventory
Total number of units listed and sold in Carling