Skip to content

563 Mornington Avenue #212

London East, N5Y 4T8·MLS® X13154006·

Listing courtesy of Sutton Group - Select Realty·Updated May 21

For sale
1 / 10
1Beds
1Baths
600-699Sqft
51-99Year Built

Listing price

$218,900

Est. $1,043/mo

Days on market

24

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

$227,875Above Market
$214,741$241,009

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,043
Property tax$237
Insurance (est.)$46
Utilities (est.)$250
Total monthly$1,576

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

May 21, 2026Listed
$218,900

Sold comparables nearby

407 - 563 Mornington Avenue, London EastSold

$140,000

407 - 563 Mornington Avenue, London East

1 bd·1 ba·600-699 sqft
1107 - 583 Mornington Avenue, London EastSold

$175,000

1107 - 583 Mornington Avenue, London East

1 bd·1 ba·600-699 sqft

See all 10 comparables

Create a free account to unlock premium data.

Market conditions · East G

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$59,089

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Similar Listings

Own a home in East G?

Homes are selling in an average of 24 days.

Get your free valuation →

AI estimate

$227,875

Above Market

Connect with an agent

By submitting, you agree to receive communications from London Home Search and its affiliated agents. You can unsubscribe at any time.

Get notified about similar homes

New condo apartment listings in East G.