Homes for Sale in London, Ontario
573 Mornington Avenue #1009
London East, N5Y 4T9·MLS® X13537042·
Listing courtesy of Century 21 First Canadian Corp·Updated 2 hours ago
Listing price
$179,900
Est. $857/mo
Days on market
Listed Jul 8, 2026
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!
Property details
Basement
None
Parking
1 spaces
Type
Condo Apartment — Apartment
Heating
Baseboard
AI property estimate
54% confidence · 8 sold homes within 2 km, by price per sq ft
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
$1,524
First-time rebate
−$1,524
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$161,000
801 - 573 Mornington Avenue, London East
Sold$189,000
1005 - 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
$720
Rental yield
4.8%
Est. cash flow
-$619
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$50,202
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$179,625
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