563 Mornington Avenue #508 · London, N5Y 4T8
MLS® X13515038
Listed Jul 2, 2026
Listing courtesy of Comfree·Listing last changed Sep 29
Key facts
- Property type
- Condo apt
- Square footage
- 800-899 sqft
- Storeys
- 1
- Parking
- 1 space
- Property tax
- $1,626/yr (2025)
Description
Spacious and beautifully updated 2-bedroom condo. Features include 1 full bathroom with sink, toilet, and bathtub/shower combination, plus extra shelving in bedroom closets for added storage and organization. The kitchen and bathroom have been fully renovated, complemented by new flooring throughout and modern light fixtures. Condo fees include all utilities for added convenience. The building offers controlled entry and recently upgraded fire system for enhanced safety and peace of mind. Ideally located in a highly desirable area within walking distance to Fanshawe College and just minutes from shopping, dining, public transit, parks, and quick access to Highway 401.
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Property details
Interior
- Size
- 800-899 sqft
- Rooms
- 2 rooms
- Bathrooms
- 1 × 4-piece on Main
- Basement
- None
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Ensuite laundry
- No
Building & lot
- Type
- Condo apt, 1 Storey/Apt
- Exterior
- Concrete
- Storeys
- 1
- Exposure
- South
Parking
- Garage
- 1 car Surface
- Parking
- 1 space
- Locker
- None
Fees & taxes
- Condo fee
- $652/mo
- Fee includes
- heat, hydro, water
- Pets
- Yes, with restrictions
- Property tax
- $1,626/yr (2025)
- Corporation
- MCC 890
- Managed by
- Larlyn Property Management Ltd.
Estimated value range
$228K to $252K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Schools nearbyclosest is Blessed Sacrament Separate School, 600 m
Elementary
- 4.8
Blessed Sacrament Separate School
600 m · Grades JK-8
London District Catholic School Board
- 7.4
Académie de la Tamise
890 m · Grades JK-6
Conseil scolaire Viamonde
- 4.2
East Carling Public School
940 m · Grades JK-8
Thames Valley District School Board
Secondary
Thames Valley Alternative Secondary School
740 m · Grades 9-12
- 3.3
John Paul II Catholic Secondary School
960 m · Grades 9-12
London District Catholic School Board
Robarts Provincial School for the Deaf
1.2 km · Grades 9-12
Provincial
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $2,212/mo all in
Monthly payment estimate
Land transfer tax$2,124 on closing
Ontario LTT
$2,124
First-time rebate
−$2,124
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 2, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold707 - 563 Mornington Avenue, London East
Sold1104 - 583 Mornington Avenue, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94.6% of asking.
Avg. sold price
$181,233
Sale-to-list ratio
94.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $61,000 household income
Minimum household income required
$61,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
Rental market$1,725/mo median for 2 bed nearby
$1,725/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 76 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.
Get notified about similar homes
New condo apt listings in Old East Village.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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