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$207,000

Estimated value $197K to $217K

Est. $970/mo mortgage

1bd·1ba·600-699sqft

563 Mornington Avenue #212 · London, N5Y 4T8

MLS® X13625892

91 days on market91 days on market

Listed Jul 30, 2026

Listing courtesy of Sutton Group - Select Realty·Listing last changed Sep 24

Key facts

Property type
Condo apt
Square footage
600-699 sqft
Storeys
2
Age
51-99 years
Parking
1 space
Property tax
$1,259/yr (2025)

Description

NEWLY RENOVATED LARGE North facing condo with a bright and spacious layout loads of storage! 1 Bedroom + Den or 2nd Bedroom. This move-in ready unit has a completely renovated kitchen featuring STAINLESS STEEL APPLIANCES. The fresh and warm 3-pc bathroom offers a large linen closet. The unit is freshly painted and has new luxury vinyl plank flooring throughout. Other features include modern track lighting, new hardware, and electrical fittings, including a walk-in closet/storage room. Walk out to a large covered balcony (gas BBQs allowed) ALL INCLUSIVE OF MAJOR UTILITIES (heat, hydro, and water). Family friendly neighbourhood, surrounded by mature trees and parks, close to Fanshawe College, walking distance to parks, shopping, and restaurants. 401 access nearby and bus stop at property entrance. Secure and safe building with security cameras and property management office on the ground floor.

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Property details

Interior

Size
600-699 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece on Main
Basement
None
Heating
Baseboard
Cooling
Window Unit(s)
Ensuite laundry
No

Building & lot

Type
Condo apt, Apartment
Age
51-99 years
Exterior
Concrete
Storeys
2
Exposure
North

Parking

Parking
1 space
Locker
None

Fees & taxes

Condo fee
$509/mo
Fee includes
heat, hydro, water, parking
Pets
Yes, with restrictions
Property tax
$1,259/yr (2025)
Corporation
MSCP 890
Managed by
Larlyn Property Management

Rooms

Main

Living Room
3.43 × 3.12 m
Den
3.43 × 3.05 m

Estimated value range

$197K to $217K

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.

Location & neighbourhood

Directions
Old East Village →

London East, ON

Arts district with walkable streets and character homes.

Schools nearbyclosest is Blessed Sacrament Separate School, 600 m

Elementary

  • Blessed Sacrament Separate School

    600 m · Grades JK-8

    London District Catholic School Board

    4.8
  • Académie de la Tamise

    890 m · Grades JK-6

    Conseil scolaire Viamonde

    7.4
  • East Carling Public School

    940 m · Grades JK-8

    Thames Valley District School Board

    4.2

Secondary

  • Thames Valley Alternative Secondary School

    740 m · Grades 9-12

  • John Paul II Catholic Secondary School

    960 m · Grades 9-12

    London District Catholic School Board

    3.3
  • 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. $1,876/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$970
Property tax$105
Insurance (est.)$43
Utilities (est.)$250
Condo fee$509
Total monthly$1,876
Land transfer tax$1,795 on closing

Ontario LTT

$1,795

First-time rebate

−$1,795

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$207,000

Listed Jul 30, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

1104 - 583 Mornington Avenue, London EastSold

1104 - 583 Mornington Avenue, London East

2 bd·1 ba·800-899 sqft
1103 - 563 Mornington Avenue, London EastSold

1103 - 563 Mornington Avenue, London East

1 bd·1 ba·600-699 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.4 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 93.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$188,733

Sale-to-list ratio

93.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $53,000 household income

Minimum household income required

$53,000

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$1,295/mo median for 1 bed nearby

$1,295/month is the median rent for 1-bedroom homes leased within 3km over the past 12 months, across 50 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

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