573 Mornington Avenue #705
London East, N5Y 4T9·MLS® X13704724
Listing courtesy of Oak And Key Real Estate·Updated 3 hours ago
Listing price
$240,000
Est. $1,143/mo
Days on market
Listed Aug 23, 2026
Description
Welcome to this beautifully updated 1-bedroom, 1-bathroom condo offering comfortable, low-maintenance living in a convenient location. The bright and inviting unit features a modern kitchen with soft-close cabinetry, quartz countertops, double sink with contemporary faucet, and three stainless steel appliances, including a dishwasher and range hood. Luxury vinyl flooring flows throughout, while the renovated bathroom features floor-to-ceiling porcelain tile, a new bathtub, vanity, and updated fixtures. A spacious 4' x 5' storage closet provides valuable additional storage. Enjoy the outdoors from the generously sized private balcony, with gas BBQs permitted. The condo fee of $508.66/month includes heat, hydro, and one assigned parking space, making monthly expenses easy to manage. The complex has also undergone numerous updates, including newer windows, patio doors, balcony railings, hallway flooring and lighting, refreshed paint, updated lobbies, and a common laundry room conveniently located on the main floor. With a bus stop directly in front of the complex and Fanshawe College, Oxbury Mall, shopping, restaurants, and everyday amenities just minutes away, this property is an excellent option for first-time buyers, students, downsizers, or investors. The unit will be vacant at the end of August and is available for immediate possession thereafter.
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Property details
- Type
- Condo Apartment — Apartment
- Age
- 51-99 years
- Interior
- 600-699 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 4-piece on Flat
- Basement
- None
- Heating
- Baseboard
- Cooling
- None
- Exterior
- Stucco (Plaster)
- Roof
- Flat
- Parking
- 1 spaces
- Condo fee
- $509/mo
- Property tax
- $1,416/yr (2026)
Rooms
Flat
- Dining Room
- 3.35 × 3.15 m
- Kitchen — stainless steel appl, b/i dishwasher, double sink
- 2.41 × 2.74 m
- Other
- 1.22 × 1.52 m
- Bathroom
- 2.1 × 1.4 m
- Bedroom
- 3.84 × 3.43 m
- Foyer — Large Closet
- 2.54 × 1.42 m
- Living Room — Sliding Doors
- 5.59 × 3.45 m
Location & neighbourhood
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
Land transfer taxOne-time, on closing
Ontario LTT
$2,125
First-time rebate
−$2,125
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Aug 23, 2026
Sold comparables nearby
Sold$159,900
1004 - 563 Mornington Avenue, London East
Sold$180,000
302 - 573 Mornington Avenue, London East
See what these 6 homes sold for
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Market conditionsLondon East · last 90 days
Avg. sold price
$168,783
Sale-to-list ratio
93.9%
Based on 6 recent comparable sales near this home.
AffordabilityWhat income this home needs
Minimum household income required
$63,865
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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