$239,900
Est. $1,124/mo mortgage
563 Mornington Avenue #508 · London East, N5Y 4T8
MLS® X13515038
Listed Jul 2, 2026
Listing courtesy of Comfree·Updated Jul 3
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
- Interior
- 800-899 sqft
- Rooms
- 2 rooms
- Bathrooms
- 1 × 4-piece on Main
- Basement
- None
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Laundry
- N
Building & lot
- Type
- Condo Apartment, 1 Storey/Apt
- Exterior
- Concrete
- Storeys
- 5
- Exposure
- South
Parking
- Garage
- 1 car Surface
- Parking
- 1 spaces
- 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.
Rooms
Main
- Kitchen
- 3.66 × 2.13 m
- Bedroom 2
- 3.35 × 2.74 m
- Bedroom
- 4.27 × 3.05 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. $2,221/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
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 $62,000 household income
Minimum household income required
$62,000
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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