$169,900
Est. $796/mo mortgage
573 Mornington Avenue #1011 · London East, N5Y 4T9
MLS® X13537042
Listed Jul 8, 2026
Listing courtesy of Century 21 First Canadian Corp·Updated 5 days ago
Description
Attention: First Time Homebuyers and Investors!!! Check out this 10th floor unit, with amazing views of the city and downtown area! The building is next to a city park with nice walking trails. Located close to shopping centres, Fanshawe College, schools and bus transit and is in a safe and convenient location in London. This spacious 1 bedroom apartment has a well thought-out layout and is perfect for young couples or investors looking for an easy to rent, condo. BRAND NEW KITCHEN with quartz countertop just installed with soft closed doors (2026), updated vinyl flooring(2023), painted and clean unit, ready for its new owners. Condo fees include hydro, heat, water, parking, building and land maintenance and insurance. The Condo Corp. will do all of the exterior maintenance, repairs and upgrades! All you have to do is enjoy!
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Property details
Interior
- Interior
- 600-699 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main
- Basement
- None
- Heating
- Baseboard
- Cooling
- Wall Unit(s)
- Laundry
- N
Building & lot
- Type
- Condo Apartment, Apartment
- Age
- 31-50 years
- Exterior
- Brick, Concrete
- Foundation
- Concrete
- Roof
- Flat
- Storeys
- 10
- Exposure
- East
Parking
- Parking
- 1 spaces
- Locker
- Ensuite+Common
Fees & taxes
- Condo fee
- $509/mo
- Fee includes
- heat, hydro, water, parking
- Pets
- Yes-with Restrictions
- Property tax
- $1,375/yr (2025)
- Corporation
- MSCC 890
- Managed by
- LARLYN PROPERTY MANAGEMENT
Building amenities
BBQs Allowed
Rooms
Main
- Living Room
- 3.66 × 4.88 m
- Dining Room
- 3.05 × 3.81 m
- Primary Bedroom
- 3.81 × 3.05 m
- Bathroom, 4 Pc Bath
- n/a
- Kitchen
- 2.13 × 2.74 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. $1,692/mo all in
Monthly payment estimate
Land transfer tax$1,424 on closing
Ontario LTT
$1,424
First-time rebate
−$1,424
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 6% from the first ask
Listed Jul 8, 2026
Listed Mar 15, 2023 · 0 days on market
Mar 15, 2023
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
0 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 $46,000 household income
Minimum household income required
$46,000
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$1,298/mo median for 1 bed nearby
$1,298/month is the median rent for 1-bedroom homes leased within 3km over the past 12 months, across 46 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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