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563 MORNINGTON Avenue #606

London East, N5Y 4T8·MLS® X13659884

Listing courtesy of Newgen Realty Experts·Updated 6 hours ago

Listing price

$169,900

Est. $809/mo

Days on market

2

Listed Aug 10, 2026

For sale
1 / 7
1bd·1ba·600-699sqft·31–50 yearsold

Description

Welcome to this spacious 1-bedroom unit featuring a large private balcony with beautiful views-the perfect spot to enjoy your morning coffee or unwind while watching the evening sunset.Located in a family-friendly neighborhood surrounded by mature trees and green spaces, this well-maintained home offers a peaceful and welcoming atmosphere. The unit features a well-maintained kitchen, generously sized family room, comfortable bedroom, and a 3-piece bathroom.Enjoy the convenience of being within walking distance to shopping, restaurants, and everyday amenities at the corner of Oxford Street and Highbury Avenue. With easy access to Fanshawe College, public transit, and major routes, this property is an excellent choice for first-time buyers, students, professionals, or investors.Condo Fee: $508/month, including heat, hydro, and water.Don't miss this fantastic opportunity to own a spacious and affordable unit in a sought-after location!

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Property details

Basement
None
Parking
1 spaces
Type
Condo Apartment — Apartment
Heating
Baseboard
Property tax
$1,375/yr (2025)

AI property estimate

$182,800~7.6% above asking

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

$159,036$206,564

70% confidence · 5 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 paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$809
Property tax$184
Insurance (est.)$35
Utilities (est.)$250
Total monthly$1,278
Land transfer taxOne-time, 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

$169,900

Listed Aug 10, 2026

On the market

Sold comparables nearby

302 - 573 Mornington Avenue, London EastSold

$180,000

302 - 573 Mornington Avenue, London East

2 bd·1 ba·800-899 sqft
307 - 573 MORNINGTON Avenue, London EastSold

$182,800

307 - 573 MORNINGTON Avenue, London East

1 bd·1 ba·600-699 sqft

See what these 6 homes sold for

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Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$171,300

Sale-to-list ratio

93.4%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$47,934

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

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AI estimate

$182,800

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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