573 Mornington Avenue #103 · London, N5Y 4T9
MLS® X14093090
Listed Oct 19, 2026
Listing courtesy of Sutton Group - Select Realty·Listing last changed Oct 19
Key facts
- Property type
- Condo apt
- Square footage
- 600-699 sqft
- Storeys
- 1
- Age
- 51-99 years
- Parking
- 1 space
- Property tax
- $1,140/yr (2025)
Description
Bright and well-kept 1-bedroom plus Den apartment on the first floor, freshly painted and featuring no carpets throughout for easy maintenance. The functional layout includes a separate den, ideal for a home office or additional living space. Conveniently located with easy access to downtown London and Highway 401 via Highbury Avenue, as well as nearby shopping, public transit, and everyday amenities. An excellent opportunity for investors or owner-occupants, with the flexibility for the current tenants to stay or vacate, depending on the buyer's needs. This apartment offers comfort, convenience, and flexibility. Don't miss this great opportunity!
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Property details
Interior
- Size
- 600-699 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main
- Basement
- None
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Laundry
- N
Building & lot
- Type
- Condo apt, 1 Storey/Apt
- Age
- 51-99 years
- Exterior
- Stucco (Plaster)
- Foundation
- Poured Concrete
- Storeys
- 1
- Exposure
- South
Parking
- Garage
- 1 car None
- Parking
- 1 space
- Locker
- None
Fees & taxes
- Condo fee
- $481/mo
- Fee includes
- heat, hydro, water
- Pets
- Yes-with Restrictions
- Property tax
- $1,140/yr (2025)
- Corporation
- MSCC 890
- Managed by
- Larlyn Property
Rooms
Main
- Den
- 3.6 × 2.4 m
- Living Room
- 5.5 × 3.5 m
- Bedroom
- 3.9 × 3.4 m
- Dining Room
- 3.6 × 3.2 m
- Kitchen
- 2.13 × 2.7 m
Estimated value range
$164K to $182K
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 Thames Valley Alternative Secondary School, 630 m
Elementary
- 4.8
Blessed Sacrament Separate School
700 m · Grades JK-8
London District Catholic School Board
- 7.4
Académie de la Tamise
780 m · Grades JK-6
Conseil scolaire Viamonde
- 4.2
East Carling Public School
1.0 km · Grades JK-8
Thames Valley District School Board
Secondary
Thames Valley Alternative Secondary School
630 m · Grades 9-12
- 3.3
John Paul II Catholic Secondary School
1.0 km · 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. $1,672/mo all in
Monthly payment estimate
Land transfer tax$1,455 on closing
Ontario LTT
$1,455
First-time rebate
−$1,455
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 19, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold1104 - 583 Mornington Avenue, London East
Sold1103 - 563 Mornington Avenue, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 93.6% of asking.
Avg. sold price
$188,733
Sale-to-list ratio
93.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $46,000 household income
Minimum household income required
$46,000
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? Ask Colin →Rental market$1,298/mo median for 1 bed nearby
$1,298/month is the median rent for 1-bedroom homes leased within 3km over the past 12 months, across 50 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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