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For sale
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$219,000

Est. $1,026/mo mortgage

2bd·1ba·800-899sqft

563 Mornington Avenue #310 · London East, N5Y 4T8

MLS® X13803894

3 days on market

Listed Sep 18, 2026

Listing courtesy of Re/max A-b Realty LTD·Updated yesterday

Description

Amazing two bed 1 bath updated condo

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Property details

Interior

Interior
800-899 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece
Basement
Apartment
Heating
Forced Air
Cooling
Central Air
Laundry
Y

Building & lot

Type
Condo Apartment, Apartment
Exterior
Brick
Foundation
Poured Concrete
Storeys
3
Exposure
North

Parking

Garage
1 car Surface
Parking
1 spaces
Locker
Common

Fees & taxes

Condo fee
$652/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$1,700/yr (2026)
Corporation
London 890
Managed by
London

AI property estimate

$194,258Estimate is ~11.3% below asking

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

$174,832$213,684

87% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London East, ON

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

Monthly paymentest. $2,106/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,026
Property tax$132
Insurance (est.)$46
Utilities (est.)$250
Condo fee$652
Total monthly$2,106
Land transfer tax$1,915 on closing

Ontario LTT

$1,915

First-time rebate

$1,915

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$219,000

Listed Sep 18, 2026

On the market

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 conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 92.9% of asking.

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 $57,000 household income

Minimum household income required

$57,000

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.

Not sure about financing? Ask Colin
Rental market$1,713/mo median for 2 bed nearby

$1,713/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 78 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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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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