$169,900

$174,999For salePrice drop↓ $5,099 (3%)

#504 583 Mornington Avenue, London East (East G), Ontario, N5Y3E9

2 bd1 ba1 pk950 ft²+$652/mo

Listed by ROYAL LEPAGE TRILAND REALTY

#1011 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

For saleJust listed

4 days ago

$165K

#1011 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

1 bd1 ba1 pk650 ft²+$509/mo

Listed by CENTURY 21 FIRST CANADIAN CORP

#103 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

For sale

18 days ago

$173K

#103 573 Mornington Avenue, London East (East G), Ontario, N5Y4T9

1 bd1 ba1 pk650 ft²+$481/mo

Listed by SUTTON GROUP - SELECT REALTY

#606 563 MORNINGTON Avenue, London East (East G), Ontario, N5Y4T8

For sale

30 days ago

$150K

#606 563 MORNINGTON Avenue, London East (East G), Ontario, N5Y4T8

1 bd1 ba1 pk650 ft²+$509/mo

Listed by NEWGEN REALTY EXPERTS

Investment analysis

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$169,900

London East

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#501 583 Mornington Avenue, London East (East G) - Single Family for Sale

#501 583 Mornington Avenue, London East (East G), Ontario, N5Y3E9

1 bed1 bath1 parking650 ft²$509/mo condo feeListed 164 days ago

Overview

This 1-bedroom, 1-bathroom condo in London East is for sale offering roughly 650 sq ft of space. Its $169,900 asking price sits right in line with the $174,900 median in London East.

Condos for Sale in London East →All real estate in London East →

Description

Bright and affordable 1+den condo with stunning views at 501-583 Mornington Ave, London, ON. This spacious unit is an excellent option for first-time buyers, investors, or anyone looking for an affordable student home. Set in a quiet, clean, and well-managed building, it offers comfort, convenience, and strong value. The large private balcony showcases sweeping city views and is the perfect place to relax with a morning coffee or enjoy the sunset. Inside, the practical layout includes a generous living area, a bright bedroom, and a versatile den ideal for a home office, study area, or guest space. Condo fees include heat, hydro, and water, making monthly costs easier to manage. Whether you are entering the market or adding a property in a high-demand rental area, this condo is a smart opportunity in a solid building. (id:66096)

Property Details

MLS®: X13173560
Property Type: Single Family
Zoning: R9-3
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: Full
Heating: Radiant heat, Other
Cooling: Wall unit
Garage: No Garage
Condo Fee: $509/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,324/yr
Listed: 164 days ago

Rooms

Ground level

Kitchen: 2.14 x 2.7 meters
Bedroom: 3.81 x 3.05 meters
Bathroom: 1.52 x 2.13 meters
Den: 2.44 x 3.65 meters
Living room: 2.44 x 3.96 meters
Dining room: 3.65 x 3.04 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove
Exterior: Concrete, Stucco
Lot Features: Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

164d

London East (East G) listings, avg age

70d

Price / ft²

$262

List price

$170K

Haho

This 1-bed single family in London East (East G) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX a-b Realty Ltd Brokerage · Allen Skinner

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Y)

This home lists at $169,900, about 2.7× the local median household income of $63,600.

Carrying it typically needs a household income of about $33,187 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $63,600
Population: 35,934
Median age: 35.6
Owner / renter: 45% / 55%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Y)

$169,900· $262/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $8,495

Min 5%50%

Mortgage payment$895/mo

↳ CMHC premium ($6,456 capitalized)

Property tax (est.)$110/mo

Condo fee$509/mo

Total monthly$1,514

Cash Needed to Close

Down payment (5%)$8,495

Land transfer tax$1,424

Est. closing costs$3,010

Total cash needed$12,929

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice