$199,900
Est. payment $885/moCalculate yours
573 Mornington Avenue 705, London East, ON N5Y 4T9
East, London, ON N5Y 4T9
- 1 Beds
- 1 Baths
- 600 Sq Ft
Listing courtesy of OAK AND KEY REAL ESTATE BROKERAGE, INC. MLS® X13858474
About this home
Affordable ownership at $199,900! Welcome to this beautifully updated 1-bedroom, 1-bathroom condo offering comfortable, low-maintenance living with manageable monthly costs. The maintenance fee include heat, hydro, water, one assigned parking space. Making it an excellent value for first-time buyers, students, downsizers, or investors. The bright, inviting interior features a modern kitchen with soft-close cabinetry, quartz countertops, a double sink with contemporary faucet, and stainless steel appliances, including a dishwasher, plus a range hood. A rough-in for a wall unit air conditioner is already set up for the warmer months. Luxury vinyl flooring flows throughout, while the renovated 4-piece bathroom showcases floor-to-ceiling porcelain tile, a new bathtub, vanity, and updated fixtures. A spacious 4′ x 5′ storage closet adds practical storage, and the generously sized private balcony offers room to relax outdoors. The complex has benefited from numerous improvements, including newer windows, patio doors, balcony railings, hallway flooring and lighting, refreshed paint. With a bus stop directly in front. Fanshawe College, Oxbury Mall, shopping, restaurants, and everyday amenities just minutes away, this move-in-ready condo is an appealing opportunity to enter the market at an accessible price.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 600 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Stucco (Plaster)
- Roof
- Flat
Lot & Parking
- Parking
- None garage · 1 total
- Zoning
- R9-3
Financial
- Property Taxes
- $1,416 (2026)
- Condo Fee
- $509/mo
- Fee Includes
- Heat Included, Water Included, Hydro Included, Parking Included, Building Insurance Included, Common Elements Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- East
- Cross Street
- Oxford St. and Mornington Ave.
Listing
- MLS® Number
- X13858474
- Days on Market
- 15
- Listed On
- 2026-10-03
- Possession
- Vacant
- Listed By
- OAK AND KEY REAL ESTATE BROKERAGE, INC.
Rooms
Features
Interior
- Carpet Free
- Storage
Amenities
- Elevator
- Visitor Parking
- Included
- Refrigerator, Stove, Range Hood, Dishwasher
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$885 per month
- Principal and interest
- $885
- Property tax
- $118
- Condo fees
- $509
- Estimated monthly cost
- $1,512
Your mortgage
- Mortgage amount
- $159,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $105,614
Cash to close
- Down payment
- $39,980
- Land transfer tax
- $1,724
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $41,704
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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