504 - 583 MORNINGTON AVENUE, London East (East G)

$215,000

For sale: Apartment

Apartment at 504 - 583 MORNINGTON AVENUE, London East (East G)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
999 sqft
MLS®
MLS® X14142746
Neighbourhood
East G

Your new home could be the largest two-bedroom floorplan available in Sunrise Condos - it's also a great investment with steady rental demand in London East. Easy to offer to prospective tenants as 'all-inclusive' - the maintenance fee includes hydro, heat, water, and dedicated surface parking. This is a stand-out corner unit with luxury laminate plank flooring throughout, a modernized four-piece bathroom, and in-suite storage. You're just steps from major public transit with a direct, minutes-long route straight to Fanshawe College, extensive shopping and dining options along the Oxford Street commercial corridor, local elementary schools, and neighborhood parks. Whether you are looking to secure a turnkey entry-level home or capitalize on London's robust rental market, this home delivers!

Sold data

Homes in East G — recent sold market

Homes in East G took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 56, across 105 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.

The median sale price was $399,900.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$399,900
Sale-to-list ratio
96.5%
Sold above asking
6%

Based on 105 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East G)

London East (East G) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London East (East G)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 504 - 583 MORNINGTON AVENUE