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$169,900
Available - For Sale
Listing ID: X13173560
A hands-off investment opportunity at 501-583 Mornington Ave, London, ON. This bright and affordable 1+den condo offers the convenience of property-managed rentals, making it an appealing option for investors seeking rental ownership without the day-to-day demands of managing tenants. The unit is currently tenanted, with the lease ending in August 1. Vacant occupancy can be provided at that time. Set in a quiet, clean, and well-managed building, the spacious unit features a generous living area, a bright bedroom, and a versatile den suited to a home office or study space. A large private balcony with sweeping city views adds to its appeal for prospective tenants, including students. Condo fees include heat, hydro, and water, simplifying monthly expense planning. With rentals taken care of by property management, this condo offers a practical way to add a professionally managed property to your investment portfolio.
Price $169,900
Taxes: $1,324
Assessment Year: 2025
Occupancy by: Vacant
Address: 583 Mornington Avenue , London East, N5Y 3E9, Middlesex
Postal Code: N5Y 3E9
Province/State: Middlesex
Directions/Cross Streets: Mornington and Oxford
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Kitchen 7.02 8.86
Room 2: Ground Bedroom 12.50 10.00
Room 3: Ground Bathroom 4.99 6.99 4 Pc Bath
Room 4: Ground Den 8.00 11.97
Room 5: Ground Living Ro 8.00 12.99
Room 6: Ground Dining Ro 11.97 9.97
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  4
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Washroom 41:  4
Washroom 42:  0
Washroom 43:  0
Washroom 44:  0
Washroom 45:  0
Washroom 46:  4
Washroom 47:  0
Washroom 48:  0
Washroom 49:  0
Washroom 50:  0
Washroom 51:  4
Washroom 52:  0
Washroom 53:  0
Washroom 54:  0
Washroom 55:  0
Washroom 56:  4
Washroom 57:  0
Washroom 58:  0
Washroom 59:  0
Washroom 60:  0
Total Area: 0
Maintenance: 508.66
Heat Type: Radiant
Central Air Conditioning: Wall Unit(s
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX a-b Realty Ltd Brokerage

583 Mornington Avenue , London East, N5Y 3E9, Middlesex

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Maria Tompson
Sales Representative
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416-548-7854
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At a Glance:
Type: Com - Condo Apartment
Area: Middlesex
Municipality: London East
Neighbourhood: East G
Style: Apartment
Lot Size: x 0.00()
Approximate Age:
Tax: $1,324
Maintenance Fee: $508.66
Beds: 1
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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