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$174,900

Est. $819/mo mortgage

1bd·1ba·600-699sqft

583 Mornington Avenue #605 · London East, N5Y 3E9

MLS® X13779660

2 days on market

Listed Sep 14, 2026

Listing courtesy of Sutton - Jie Dan Realty Brokerage·Updated yesterday

Description

This bright and well-maintained 1-bedroom,den and 1 bath condo provides an outstanding opportunity for first-time buyers, retirees, or potential investment. It's located just minutes from Fanshawe College, with easy access to transit, grocery stores, gyms, schools, and parks. Open concept design, this unit boasts an updated kitchen with ample cabinet space and flows nicely to the dinette area, perfect for everyday meals or a quiet morning coffee. The oversized living room offers plenty of space for relaxing or entertaining, and features a patio walkout to your north facing private balcony. The bedroom is spacious and bright, with ample room for a full bedroom setup plus additional furniture. A 4-piece bathroom includes a tub/shower, updated vanity and a linen closet, adding useful storage. An additional storage closet by the front entry is perfect for all those extra items. Additional features include ample parking and convenient in-building laundry facilities. If you're looking for a low-maintenance home in a convenient location, this could be the perfect, Condo fee incudes Heat, Hydro and water

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Property details

Interior

Interior
600-699 sqft
Rooms
5 rooms
Bathrooms
1 × 3-piece
Basement
None
Heating
Baseboard
Cooling
Window Unit(s)
Laundry
N

Building & lot

Type
Condo Apartment, Apartment
Exterior
Concrete
Storeys
6
Exposure
North

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$509/mo
Fee includes
heat, hydro, water
Pets
Yes-with Restrictions
Property tax
$1,375/yr (2025)
Corporation
MCC 890
Managed by
LARYLYN PROPERTY MANAGEMENT

AI property estimate

$175,000About at asking price

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

$157,500$192,500

87% confidence · 40 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 paymentest. $1,719/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$819
Property tax$105
Insurance (est.)$36
Utilities (est.)$250
Condo fee$509
Total monthly$1,719
Land transfer tax$1,474 on closing

Ontario LTT

$1,474

First-time rebate

$1,474

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

$174,900 3%

Listed Sep 14, 2026

On the market
$179,900

Listed Jul 25, 2026 · 48 days on market

Suspended

Sep 11, 2026

48 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

$230,000

808 - 583 MORNINGTON AVE Avenue, London East

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

$192,500

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 conditionsLondon East · last 90 days
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 $47,000 household income

Minimum household income required

$47,000

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.

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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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