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563 Mornington Avenue #212

London East, N5Y 4T8·MLS® X13625892

Listing courtesy of Sutton Group - Select Realty·Updated 4 hours ago

For sale
1 / 10
1Beds
1Baths
600-699Sqft
51-99Year Built

Listing price

$212,900

Est. $1,014/mo

Days on market

1

Listed Jul 31, 2026

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.

Property details

Basement

None

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Baseboard

Property tax

$1,259/yr (2025)

AI property estimate

$189,000~11.2% below asking

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

$164,430$213,570

63% confidence · 8 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,014
Property tax$231
Insurance (est.)$44
Utilities (est.)$250
Total monthly$1,539

Land transfer tax

Ontario LTT

$1,854

First-time rebate

$1,854

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 3% from the first ask

$212,900 3%

Listed Jul 31, 2026

On the market
$218,900

Listed May 21, 2026

On the market

Sold comparables nearby

307 - 573 MORNINGTON Avenue, London EastSold

$182,800

307 - 573 MORNINGTON Avenue, London East

1 bd·1 ba·600-699 sqft
801 - 573 Mornington Avenue, London EastSold

$161,000

801 - 573 Mornington Avenue, London East

1 bd·1 ba·600-699 sqft

See all 6 sold comparables

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Market conditions · London East

Buyer's marketBalancedSeller's market

Avg. sold price

$164,633

Sale-to-list ratio

94.4%

Based on 6 recent comparable sales near this home.

Affordability

Minimum household income required

$57,699

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$189,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colinabbot@gmail.com

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