705 - 573 Mornington Avenue, London East
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. (id:1945)
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Property details for 705 - 573 Mornington Avenue, London East
- Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Basement
- None
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Exterior
- Stucco
- Ownership
- Condo/Strata
- Annual Taxes
- $1,416 (2025)
- Condo Fee
- $509 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 705 - 573 Mornington Avenue
Active Listings
14
Min Price
$147,500
Max Price
$299,999
Avg Price
$195,114
Days on Market
55
days
Sold Listings
3
Min Sold Price
$149,900
Max Sold Price
$169,900
Avg Sold Price
$163,233
Days until Sold
40
days
Neighbourhood Census Data
London, Ontario
Population
1,188
Median Age
32.6
Median Income
$20,864
Dwelling Value
$175,033
Housing Tenure
Owners 20%
Renters 79%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 1,596.6/km²
Avg Shelter Cost: $854/mo
Owners with Mortgage: 68%
Owners Spending 30%+: 16%
Tenants Spending 30%+: 62.6%
English only: 95.4%
English and French: 4.6%
Neither: 0.4%
Median Household Income: $32,416
Median Employment Income: $21,760
Price History
Listed
October 3, 2026
by OAK AND KEY REAL ESTATE BROKERAGE, INC.
Current Price
$199,900
-14.9% from last change
Type
Apartment
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $199,900 | $35,100 (-14.9%) |
| Oct 3, 2026 | $235,000 | $5,000 (-2.1%) |
| Sep 10, 2026 | $240,000 | Listed |
