563 Mornington Avenue #212
London East, N5Y 4T8·MLS® X13154006·
Listing courtesy of Sutton Group - Select Realty·Updated May 21
Listing price
$218,900
Est. $1,043/mo
Days on market
Listed May 21, 2026
Description
NEWLY RENOVATED LARGE North facing condo with a bright and spacious layout loads of storage! 1 Bedroom + Den or 2nd Bedroom. This move-in ready unit has a completely renovated kitchen featuring STAINLESS STEEL APPLIANCES. The fresh and warm 3-pc bathroom offers a large linen closet. The unit is freshly painted and has new luxury vinyl plank flooring throughout. Other features include modern track lighting, new hardware, and electrical fittings, including a walk-in closet/storage room. Walk out to a large covered balcony (gas BBQs allowed) ALL INCLUSIVE OF MAJOR UTILITIES (heat, hydro, and water). Family friendly neighbourhood, surrounded by mature trees and parks, close to Fanshawe College, walking distance to parks, shopping, and restaurants. 401 access nearby and bus stop at property entrance. Secure and safe building with security cameras and property management office on the ground floor.
Property details
Basement
None
Parking
1 spaces
Type
Condo Apartment — Apartment
Heating
Baseboard
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$1,914
First-time rebate
−$1,914
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$140,000
407 - 563 Mornington Avenue, London East
Sold$175,000
1107 - 583 Mornington Avenue, London East
See all 10 comparables
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Market conditions · East G
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$876
Rental yield
4.8%
Est. cash flow
-$700
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$59,089
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$227,875
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