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$169,900

Est. $796/mo mortgage

1bd·1ba·600-699sqft

573 Mornington Avenue #1011 · London East, N5Y 4T9

MLS® X13537042

78 days on market78 days on market

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

$161,000Estimate is ~5.2% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$144,900$177,100

87% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London 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

Mortgage (5.07%, 25yr)$796
Property tax$102
Insurance (est.)$35
Utilities (est.)$250
Condo fee$509
Total monthly$1,692
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

$169,900 6%

Listed Jul 8, 2026

On the market
$179,900

Listed Mar 15, 2023 · 0 days on market

Sold

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

808 - 583 MORNINGTON AVE Avenue, London EastSold

808 - 583 MORNINGTON AVE Avenue, London East

2 bd·1 ba·800-899 sqft
1105 - 573 Mornington Avenue, London EastSold

1105 - 573 Mornington Avenue, London East

1 bd·1 ba·600-699 sqft

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.

Buyer's marketBalancedSeller's market

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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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