$174,999
Est. payment $775/moCalculate yours
583 Mornington Avenue 501, London East, ON N5Y 3E9
East, London, ON N5Y 3E9
- 1 Beds
- 1 Baths
- 1 Garage
- 600 Sq Ft
Listing courtesy of RE/MAX a-b Realty Ltd Brokerage MLS® X13173560
About this home
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.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 600 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Full
Building & Systems
- Heating
- Radiant (Other)
- Cooling
- Wall Unit(s)
- Exterior
- Stucco (Plaster), Concrete Poured
Lot & Parking
- Parking
- None garage · 1 total
- Zoning
- R9-3
Financial
- Property Taxes
- $1,324 (2026)
- Condo Fee
- $509/mo
- Fee Includes
- Heat Included, Hydro Included, Water Included, Common Elements Included, Parking Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- East
- Cross Street
- Mornington and Oxford
Listing
- MLS® Number
- X13173560
- Days on Market
- 146
- Listed On
- 2026-05-25
- Possession
- Tenant
- Listed By
- RE/MAX a-b Realty Ltd Brokerage
Rooms
Features
Interior
- Storage
- Included
- Fridge Stove
Mortgage calculator
Estimated mortgage payment
$775 per month
- Principal and interest
- $775
- Property tax
- $110
- Condo fees
- $509
- Estimated monthly cost
- $1,394
Your mortgage
- Mortgage amount
- $139,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $92,458
Cash to close
- Down payment
- $35,000
- Land transfer tax
- $1,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $36,475
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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