583 Mornington Avenue #604
London East, N5Y 3E9·MLS® X13193344·
Listing courtesy of Century 21 First Canadian Corp·Updated May 27
Listing price
$234,900
Est. $1,119/mo
Days on market
Listed May 27, 2026
Description
2 bedroom 1-bathroom apartment near Highbury and Oxford. offers convenience, and affordability. Located within walking distance to shopping and groceries stores perfect for first-time buyers and investors. Bus stop just steps away, with only minutes ride to Fanshawe College and about 15 minutes to downtown. Included in the Condo Fees are Heat, Hydro, Water, Building Maintenance, Common Elements, Garbage Removal, and parking space.
Property details
Garage
1 car Other
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
$2,074
First-time rebate
−$2,074
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
-$732
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$62,709
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$230,437
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