563 Mornington Avenue #707 · London, N5Y 4T8
MLS® X14088438
Listed Oct 16, 2026
Listing courtesy of Sutton Group - Select Realty·Listing last changed 4 hours ago
Key facts
- Property type
- Condo apt
- Square footage
- 600-699 sqft
- Storeys
- 7
- Age
- 31-50 years
- Parking
- 1 space
- Property tax
- $1,375/yr (2025)
Description
1 bedroom unit on the 7th floor, facing south with a big balcony. Freshly painted with ceramic and laminate flooring. Move-in condition. Air conditioner sleeve in the living room. Ideally located near Highbury Ave with quick access to HWY 401, and within walking distance to Fanshawe College, shopping and everyday amenities. Condo fee includes heat, hydro, and water. Parking spaces are on a first-come first-serve basis.
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Property details
Interior
- Size
- 600-699 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main
- Basement
- None
- Heating
- Water
- Cooling
- Other
- Laundry
- N
Building & lot
- Type
- Condo apt, Apartment
- Age
- 31-50 years
- Exterior
- Concrete
- Storeys
- 7
- Exposure
- South
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
- MSCP 890
- Managed by
- Larlyn Property Management
Estimated value range
$133K to $147K
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.
Schools nearbyclosest is Blessed Sacrament Separate School, 600 m
Elementary
- 4.8
Blessed Sacrament Separate School
600 m · Grades JK-8
London District Catholic School Board
- 7.4
Académie de la Tamise
890 m · Grades JK-6
Conseil scolaire Viamonde
- 4.2
East Carling Public School
940 m · Grades JK-8
Thames Valley District School Board
Secondary
Thames Valley Alternative Secondary School
740 m · Grades 9-12
- 3.3
John Paul II Catholic Secondary School
960 m · Grades 9-12
London District Catholic School Board
Robarts Provincial School for the Deaf
1.2 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 School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement.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. $1,558/mo all in
Monthly payment estimate
Land transfer tax$1,124 on closing
Ontario LTT
$1,124
First-time rebate
−$1,124
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 16, 2026
Sold comparables nearby
Sold1103 - 563 Mornington Avenue, London East
Sold808 - 583 Mornington Ave Avenue, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBalanced market in London
5.9 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 93.7% of asking.
Avg. sold price
$185,033
Sale-to-list ratio
93.7%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $39,000 household income
Minimum household income required
$39,000
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$1,300/mo median for 1 bed nearby
$1,300/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.
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
No obligation. Pick a time that suits you.
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