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$215,000

504 - 583 MORNINGTON AVENUE, London East (East G), Ontario, N5Y 3E9

MLS® # X13622364

2 Beds

Bath

900 - 999  FEETSQ

QuickQuoteTM: $190K - $247K

London East (East G) ON, N5Y 3E9

MLS® # X13622364

Property Information:

Experience the largest two-bedroom floorplan available in Sunrise Condos, offering a great investment and steady rental demand in London East. Unit 504 is a stand-out corner unit with luxury laminate plank flooring throughout the main living areas, a modernized four-piece bathroom, and in-suite storage. The functional, open-concept layout maximizes every square inch. A significant asset to your bottom line: the monthly condo fees include hydro, heat, water, and dedicated surface parking. This utility coverage eliminates variable overhead expenses, delivering highly predictable monthly cash flow for portfolio investors and simplified budgeting for home owners. Located in a high-demand commuter and student hub, residents are steps from major public transit with a direct, minutes-long route straight to Fanshawe College, making it a prime off-campus housing choice. The building is within comfortable walking distance to the 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 with a low-maintenance asset, this property delivers immediate practical value and long-term investment viability. Couch/Pullout bed, and queen hydraulic bed are negotiable. (id:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Air Conditioning: Yes
  • Amenities:
  • Basement Type: None
  • Exterior Finish: Concrete
  • Fire Protection: Smoke Detectors
  • Floor Space: 900 - 999 sqft Square Feet
  • Flooring Type: Ceramic
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Window air conditioner
  • Appliances: Stove, Refrigerator

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Amenities Nearby: Park, Public Transit
  • Community Features: Pets Allowed With Restrictions, School Bus
  • Condo Fees: $652 Monthly
  • Features: Balcony, Laundry- Coin operated
  • Floor Space (approx): 900 - 999 Square Feet
  • MaintenanceFee Type: Heat, Hydro, Water, Common Area Maintenance, Insurance
  • Parking Type: No Garage
  • No. of Parking Spaces: 1

Rooms:

  • Primary Bedroom Flat/Apartment Level 4.55 m x 3.38 m
  • 2nd Bedroom Flat/Apartment Level 3.48 m x 3.43 m
  • Kitchen Flat/Apartment Level 3.48 m x 2.41 m
  • Living Flat/Apartment Level 5.59 m x 5.11 m
  • Bathroom Flat/Apartment Level 2.41 m x 1.47 m

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Location of 504 - 583 MORNINGTON AVENUE, London East (East G), Ontario, N5Y 3E9

Demographic Information of 504 - 583 MORNINGTON AVENUE, London East (East G), Ontario, N5Y 3E9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$71,056.53

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.31 %

High school certificate or equivalent

28.92 %

Apprenticeship trade certificate/diploma

6.26 %

College/non-university certificate

25.05 %

University certificate (below bachelor)

0.88 %

University Degree

19.57 %

Commuter

Travel To Work

By Car

74.57 %

By Public Transit

19.68 %

By Walking

4.48 %

By Bicycle

0.0 %

By Other Methods

1.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.82 %

Houses

49.18 %

Own Vs. Rent