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    Carling

    901 - 563 Mornington Ave

    $139,9001 bd1 ba1 pk600 - 699 sqft
    For Sale520 Mornington Avenue
    22 Days on Strata
    Est Sell Timeframe:
    16 Days
    $139,900
    1 Bed
    1 Bath
    1 Parking
    600 - 699 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $509/mth

    Taxes:

    $1,290 (2024)

    Cost Per Sqft:

    $200 - $233/sqft

    Outdoor Space:

    Balcony

    Locker:

    None

    Exposure:

    North West

    Possession Date:

    1-29

    Amenities

    Outdoor Pool
    Gym
    Visitor Parking

    About this Listing

    1 bedroom unit on the 9th floor with a big west facing balcony. Nice views. Priced well below market value as Seller will only consider offers where the buyer assumes the tenant- no exceptions (once a buyer takes possession of the property they can serve the tenant with notice to vacate). Tenant moved in Dec 1, 2010 and is currently renting on a month-to-month basis at $786.13/mth. Rent was last increased on Dec 1, 2024. Family friendly neighbourhood surrounded by mature trees and grass area. Walking distance to all the shopping at the corner of Oxford and Highbury and easy access to Fanshawe College. Property tax is $1290/yr. Condo fee is $508/mth which includes heat, hydro, and water. No interior pictures. Viewing by appointment only.

    ExtrasFridge, Stove

    sutton group - select realtyMLS® #X12043409

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    None

    Heat Source

    No Data

    Heating

    Baseboard

    Room Dimensions

    Living

    15.98 x 11.98ft

    Kitchen

    6.99 x 8.99ft

    Bedroom

    12.5 x 9.97ft

    Dining

    12.5 x 9.97ft
    Buyer's Market
    Balanced
    Seller's Market

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    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

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 3 condos in the Carling area

    Sold Units

    36
    Units were Sold over the past twelve months

    Rented Units

    3
    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

    Market Insights

    Transaction Insights at 520 Mornington Avenue

    1 Bed2 Bed
    Price Range$164,000 - $228,000$155,000 - $265,000
    Avg. Cost Per Sqft$290$253
    Avg. Wait for Unit Availability37 Days32 Days
    Ratio of Units in Building61%40%

    Market Inventory

    Total number of units listed and sold in Carling