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583 MORNINGTON AVE Avenue #808

London East, N5Y 3E9·MLS® X13170586·

Listing courtesy of Sutton Group - Select Realty·Updated May 25

For sale
1 / 38
2Beds
1Baths
800-899Sqft
Year Built

Listing price

$264,900

Est. $1,262/mo

Days on market

20

Listed May 25, 2026

Description

Step into easy apartment condo living in this beautifully renovated, move-in ready corner unit offering exceptional northeast views from both the bedroom and private balcony. Featuring 2 bedrooms and 1 updated bathroom, this home has been completely transformed with quality finishes throughout.Enjoy luxury vinyl flooring throughout with no carpet, new interior doors and hardware, mirrored closet doors, updated lighting, décor switches, and pot lights in the living room. The renovated kitchen has been thoughtfully redesigned and opened up to the living and dining areas, creating a bright, open-concept layout perfect for everyday living and entertaining. Complete with a kitchen island, an abundance of cabinetry, and newer appliances including refrigerator, stove, dishwasher, and built-in over-the-range microwave, this space offers both style and functionality.The updated bathroom features a new vanity and toilet, along with a reglazed tub and shower for a fresh, modern look. Relax on the balcony with updated decking and enjoy the great northeast views from this desirable corner unit.Condo fees include ALL utilities, making ownership simple and convenient. Ideally located close to Fanshawe College with transit at your front door and plenty of free parking available. Completely renovated, exceptionally clean, and truly move-in ready - just unpack and enjoy!

Property details

Basement

None

Parking

1 spaces

Type

Condo Apartment — 1 Storey/Apt

Heating

Baseboard

AI property estimate

$259,867At Market
$243,973$275,761

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)$1,262
Property tax$287
Insurance (est.)$55
Utilities (est.)$250
Total monthly$1,854

Land transfer tax

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

May 25, 2026Listed
$264,900

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

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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

$1,060

Rental yield

4.8%

Est. cash flow

-$794

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

$69,511

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

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AI estimate

$259,867

At Market

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