$255,000
Est. $1,195/mo mortgage
563 MORNINGTON Avenue #302 · London East, N5Y 4T8
MLS® X13434094
Listed Jun 11, 2026
Listing courtesy of King Realty INC.·Updated Jul 27
Description
Welcome to this well-maintained 2-bedroom unit, offering a bright and functional living space with a 3-piece bathroom and a practical kitchen. Condo fee covers all the utility bills. Enjoy the natural light throughout. Living room with ceramic tile and laminate flooring adding to the clean and modern feel. Step out onto your private terrace to take in the fresh air and beautiful evening sunsets perfect for relaxing or entertaining. Located in a convenient area close to Fanshawe College, public transit, and shopping, this unit is ideal for students, professionals, or investors. The building is pet and BBQ friendly and includes one parking space plus visitor parking. Additional amenities include security cameras, laundry room, and an on-site management office for peace of mind. Don't miss the chance to view and own this charming, move-in-ready unit!
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Property details
Interior
- Interior
- 800-899 sqft
- Rooms
- 3 rooms
- Bathrooms
- 1 × 3-piece on Flat
- Basement
- None
- Heating
- Baseboard
- Cooling
- None
- Laundry
- Y
Building & lot
- Type
- Condo Apartment, Apartment
- Age
- 51-99 years
- Exterior
- Brick
- Storeys
- 3
- Exposure
- West
Parking
- Parking
- 1 spaces
- Locker
- None
Fees & taxes
- Condo fee
- $652/mo
- Fee includes
- hydro, water, parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,188/yr (2025)
- Corporation
- MSCC 890
- Managed by
- Larlyn Property Management
Building amenities
Visitor Parking
Rooms
Flat
- Living Room, Combined w/Dining
- 3.65 × 4.57 m
- Kitchen
- 2.2 × 3.04 m
- Bedroom
- 3.04 × 3.65 m
- Primary Bedroom
- 3.65 × 3.9 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
87% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $2,303/mo all in
Monthly payment estimate
Land transfer tax$2,300 on closing
Ontario LTT
$2,300
First-time rebate
−$2,300
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times · asking price down 7% from the first ask · sold 3% below the final ask
Listed Jun 11, 2026
Listed May 23, 2023 · 13 days on market
Jun 5, 2023
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
13 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$230,000
808 - 583 MORNINGTON AVE Avenue, London East
Sold$192,500
1105 - 573 Mornington Avenue, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 92.9% of asking.
Avg. sold price
$184,367
Sale-to-list ratio
92.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $66,000 household income
Minimum household income required
$66,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$1,713/mo median for 2 bed nearby
$1,713/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 78 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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