Fanshawe College
London
Your Condo World
Specializing in Sales, Rentals and Investments for Condominiums!
563-573 Mornington Avenue
"Sunrise Condos"
563-573 Mornington Avenue
Units387
BuiltOlder
Registered as condos2013
Average MLS Selling Price 2022, 1 Bedroom$230,000 (based on 25 MLS sales)
Average MLS Selling Price 2022, 2 Bedroom$315,100 (based on 24 MLS sales)
Average MLS Selling Price 2021, 1 Bedroom$216,600 (based on 47 MLS sales)
Average MLS Selling Price 2021, 2 Bedroom$234,800 (based on 32 MLS sales)
Average MLS Selling Price 2020, 1 Bedroom$179,900 (based on 18 MLS sales)
Average MLS Selling Price 2020, 2 Bedroom$182,700 (based on 25 MLS sales)
Average MLS Selling Price 2019, 1 Bedroom$137,500 (based on 14 MLS sales)
Average MLS Selling Price 2019, 2 Bedroom$158,400 (based on 14 MLS sales)
Amenities:
Details:
The "Your Condo World" website is now over ten years old. Why is it that these "Sunrise Condos" wasn't uploaded until the summer of 2019? Please read on.
Three eleven story apartment buildings used for many years as rental units. New owners have now recently converted these buildings into condos. That's a trend we now see happening across south-western Ontario as real estate prices continue to escalate higher.
Starting in 2019, units in these buildings became available for sale on the "MLS" system. One and two bedroom units, the one bedroom units quoted as being in the 500, 501, 580, 600, 681, 686 and 697 sq. ft. range and the two bedroom units are in the 854, 881, 883, 964 square feet range. These buildings have eight units on the main floor and twelve units per floor from the 2nd to the top level.
Recent updates completed include balcony work, new windows, improvements to front foyer areas and new security systems. Controlled entry, open parking with plenty of visitor parking, coin operated laundry. The condo fees going into 2022 for a one bedroom unit are in the $320.00 per month range and in the $411 range per month for a two bedroom unit. This includes the heat, hydro and water.
These buildings are within walking distance of Fanshawe College. Busses at the door.
In this neighbourhood, 35% own, 65% rent. 80% live in apartments. 44% of the dwellings are 60 years and older, 48% are 26-50 years old. 7% of the population is aged 65 and older. 88% have English as their dominant language. Bus at door.
*Note the jump in two-bedroom units in 2022. Prices went crazy high at the start of that year.
Property Manager
PPG Management Corp. 519-951-1548