573 Mornington Avenue #810
London East, N5Y 4T9·MLS® X13167086·
Listing courtesy of Re/max Icon Realty·Updated May 24
Listing price
$235,000
Est. $1,119/mo
Days on market
Listed May 24, 2026
Description
Welcome to this beautifully updated 2-bedroom, 1-bathroom condo offering comfort, convenience, and exceptional value! Featuring approximately 883 SQFT. Bright living space, this well-maintained unit was recently refreshed with modern paint and stylish luxury vinyl plank flooring completed just 2 years ago. Enjoy a spacious layout with large windows showcasing peaceful views of parks and nature. Perfectly located just minutes to Fanshawe College with bus access to Western University, making it an ideal opportunity for first-time buyers, students, professionals, or investors or Family. Conveniently situated within walking distance to grocery stores, shopping plazas, restaurants, and everyday amenities.Low condo fees include all utilities - heat, hydro, and water - offering excellent affordability and hassle-free living. Plenty of parking spaces available for residents and guests. Flexible closing available. A fantastic opportunity in a highly convenient location - don't miss it!
Property details
Basement
None
Parking
1 spaces
Type
Condo Apartment — Apartment
Heating
Other
AI property estimate
82% confidence · 4 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
$2,075
First-time rebate
−$2,075
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
$940
Rental yield
4.8%
Est. cash flow
-$733
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$62,731
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$235,000
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