$264,900
Est. $1,241/mo mortgage
563 Mornington Avenue #308 · London East, N5Y 4T8
MLS® X12998706
Listed Apr 14, 2026
Listing courtesy of Modern Solution Realty INC.·Updated May 29
Description
Welcome to this beautifully renovated 2-bedroom apartment, perfectly situated on the desirable third floor. Whether you prefer the convenience of the elevator or the daily boost of taking the stairs, this home offers both. Inside, you'll find modern vinyl flooring, newer appliances, and an open-concept layout that creates a bright, seamless living space. Step out onto the south-facing balcony and enjoy natural light throughout the day. With transit, shopping, and essential amenities just moments away, this is a stylish and comfortable home in a truly convenient location.
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Interior
- Interior
- 800-899 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece
- Basement
- None
- Heating
- Baseboard
- Cooling
- Wall Unit(s)
- Laundry
- Y
Building & lot
- Type
- Condo Apartment, Apartment
- Exterior
- Concrete Poured
- Storeys
- 3
- Exposure
- South
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $652/mo
- Fee includes
- heat, hydro, water
- Pets
- Yes-with Restrictions
- Property tax
- $1,542/yr (2025)
- Corporation
- MSCP 890
- Managed by
- LARLYN PROPERTY MANAGEMENT
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
87% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $2,358/mo all in
Monthly payment estimate
Land transfer tax$2,449 on closing
Ontario LTT
$2,449
First-time rebate
−$2,449
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Apr 14, 2026
Sold comparables nearby
Sold$230,000
808 - 583 MORNINGTON AVE Avenue, London East
Sold$192,500
1105 - 573 Mornington Avenue, London East
See what these 6 homes sold for
Create a free account to unlock premium data.
Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 92.9% of asking.
Avg. sold price
$184,367
Sale-to-list ratio
92.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $68,000 household income
Minimum household income required
$68,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$1,713/mo median for 2 bed nearby
$1,713/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 78 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
Message Colin about this home
By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.
Get notified about similar homes
New condo apartment listings in East G.