583 Mornington Avenue #610
London East, N5Y 3E9·MLS® X13476722·
Listing courtesy of Century 21 Property Zone Realty INC.·Updated 4 hours ago
Listing price
$256,000
Est. $1,219/mo
Days on market
Listed Jun 22, 2026
Description
Welcome to Unit 610 at 583 Mornington Avenue, a bright and spacious two-bedroom condo ideallylocated within walking distance to Fanshawe College, public transit, and everyday amenities.This southwest-facing unit showcases beautiful city views and stunning sunsets. Theopen-concept kitchen, living, and dining area features luxury vinyl plank flooring and a custommural feature wall, adding a unique touch. Perfect for investors or first-time buyers seekingstylish, affordable living in a convenient location.
Property details
Basement
None
Parking
1 spaces
Type
Condo Apartment — 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
$2,315
First-time rebate
−$2,315
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
$1,024
Rental yield
4.8%
Est. cash flow
-$776
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$67,485
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$253,440
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