583 Mornington Avenue #504 · London, N5Y 3E9
MLS® X14142746
Listed Nov 3, 2026
Listing courtesy of Royal Lepage Triland Realty·Listing last changed 2 days ago
Key facts
- Property type
- Condo apt
- Square footage
- 900-999 sqft
- Storeys
- 5
- Age
- 51-99 years
- Parking
- 1 space
- Property tax
- $1,673/yr (2026)
Description
Your new home could be the largest two-bedroom floorplan available in Sunrise Condos - it's also a great investment with steady rental demand in London East. Easy to offer to prospective tenants as 'all-inclusive' - the maintenance fee includes hydro, heat, water, and dedicated surface parking. This is a stand-out corner unit with luxury laminate plank flooring throughout, a modernized four-piece bathroom, and in-suite storage. You're just steps from major public transit with a direct, minutes-long route straight to Fanshawe College, extensive shopping and dining options along the Oxford Street commercial corridor, local elementary schools, and neighborhood parks. Whether you are looking to secure a turnkey entry-level home or capitalize on London's robust rental market, this home delivers!
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Property details
Interior
- Size
- 900-999 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Flat
- Basement
- None
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Ensuite laundry
- No
Building & lot
- Type
- Condo apt, Apartment
- Age
- 51-99 years
- Exterior
- Concrete
- Storeys
- 5
- Exposure
- East
Parking
- Parking
- 1 space
- Locker
- None
Fees & taxes
- Condo fee
- $652/mo
- Fee includes
- heat, hydro, water, parking
- Pets
- Yes, with restrictions
- Property tax
- $1,673/yr (2026)
- Corporation
- MSCC 890
- Managed by
- Larlyn Property Management
Building amenities
Visitor Parking
Rooms
Flat
- Primary Bedroom
- 4.55 × 3.37 m
- Bathroom, 4 Pc Bath
- 2.41 × 1.47 m
- Bedroom 2
- 3.48 × 3.43 m
- Living Room, combined w/dining, w/o to balcony
- 5.59 × 5.11 m
- Kitchen, Ceramic Floor
- 3.48 × 2.41 m
Estimated value range
$204K to $226K
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, 590 m
Elementary
- 4.8
Blessed Sacrament Separate School
590 m · Grades JK-8
London District Catholic School Board
- 7.4
Académie de la Tamise
920 m · Grades JK-6
Conseil scolaire Viamonde
- 4.2
East Carling Public School
980 m · Grades JK-8
Thames Valley District School Board
Secondary
Thames Valley Alternative Secondary School
800 m · Grades 9-12
- 3.3
John Paul II Catholic Secondary School
850 m · Grades 9-12
London District Catholic School Board
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. $2,094/mo all in
Monthly payment estimate
Land transfer tax$1,875 on closing
Ontario LTT
$1,875
First-time rebate
−$1,875
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 10% from the first ask
Listed Nov 3, 2026
Listed Aug 4, 2023 · 27 days on market
Aug 31, 2023
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
27 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
Sold707 - 563 Mornington Avenue, London East
Sold1104 - 583 Mornington 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 94.6% of asking.
Avg. sold price
$181,233
Sale-to-list ratio
94.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $56,000 household income
Minimum household income required
$56,000
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$1,725/mo median for 2 bed nearby
$1,725/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 76 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.
Get notified about similar homes
New condo apt listings in Old East Village.
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.
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