573 MORNINGTON Avenue #907
London East, N5Y 4T9·MLS® X13422694·
Listing courtesy of Century 21 Property Zone Realty INC.·Updated yesterday
Listing price
$199,000
Est. $948/mo
Days on market
Listed Jun 9, 2026
Description
Freshly painted and move-in ready 1 bedroom plus den condo featuring laminate flooringthroughout, a modern kitchen with stainless steel appliances, and an updated bathroom. Openeast-facing balcony offers excellent natural sunlight. Loads of storage space, privateexclusive parking spot, and secured building access. Low condo fees and taxes with heat, hydro,and water included. Excellent opportunity for first-time buyers or investors!
Property details
Basement
None
Parking
2 spaces
Type
Common Element Condo — Apartment
Heating
Baseboard
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
$1,715
First-time rebate
−$1,715
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$160,000
907 - 563 Mornington Avenue, London East
See all 5 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
$796
Rental yield
4.8%
Est. cash flow
-$658
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$54,539
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$191,040
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