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$174,900

Estimated value $166K to $184K

Est. $819/mo mortgage

1bd·1ba·600-699sqft

583 Mornington Avenue #605 · London, N5Y 3E9

MLS® X13779660

46 days on market46 days on market

Listed Sep 14, 2026

Listing courtesy of Sutton - Jie Dan Realty Brokerage·Listing last changed Sep 14

Key facts

Property type
Condo apt
Square footage
600-699 sqft
Storeys
6
Parking
1 space
Property tax
$1,375/yr (2025)

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

Size
600-699 sqft
Rooms
5 rooms
Bathrooms
1 × 3-piece
Basement
None
Heating
Baseboard
Cooling
Window Unit(s)
Ensuite laundry
No

Building & lot

Type
Condo apt, Apartment
Exterior
Concrete
Storeys
6
Exposure
North

Parking

Parking
1 space
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

Rooms

Main

Kitchen
2.74 × 2.44 m
Bathroom
2.45 × 1.47 m
Living Room
5.56 × 3.51 m
Primary Bedroom
3.92 × 3.42 m
Dining Room
3.6 × 3.23 m

Estimated value range

$166K to $184K

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, 590 m

Elementary

  • Blessed Sacrament Separate School

    590 m · Grades JK-8

    London District Catholic School Board

    4.8
  • Académie de la Tamise

    920 m · Grades JK-6

    Conseil scolaire Viamonde

    7.4
  • East Carling Public School

    980 m · Grades JK-8

    Thames Valley District School Board

    4.2

Secondary

  • Thames Valley Alternative Secondary School

    800 m · Grades 9-12

  • John Paul II Catholic Secondary School

    850 m · Grades 9-12

    London District Catholic School Board

    3.3
  • Robarts Provincial School for the Deaf

    1.1 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. $1,729/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$819
Property tax$115
Insurance (est.)$36
Utilities (est.)$250
Condo fee$509
Total monthly$1,729
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

Sep 14, 2026Listed
$174,900
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, 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 49 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.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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