563 Mornington Avenue #1103
London East, N5Y 4T8·MLS® X13184004·
Listing courtesy of Re/max Advantage Realty LTD.·Updated May 27
Listing price
$169,900
Est. $809/mo
Days on market
Listed May 27, 2026
Description
Penthouse living with open-air full-length balcony with great southwest views. Sunsets every night. Tip top shape. Brand new kitchen. Walk and shop to everything you need. Fanshawe College close by too.
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
$1,424
First-time rebate
−$1,424
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
$680
Rental yield
4.8%
Est. cash flow
-$598
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$47,934
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$175,167
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