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504 - 583 Mornington Avenue

504 - 583 Mornington Avenue

London East, ON

  • 2 bed
  • 1 bath
  • approx. 900-999 sqft
  • Condo Apartment
$215,000Price reduced 6%

Experience the largest two-bedroom floorplan available in Sunrise Condos, offering a great investment and steady rental demand in London East. This is a stand-out corner unit with luxury laminate plank flooring throughout, a modernized four-piece bathroom, and in-suite storage. The maintenance fee includes hydro, heat, water, and dedicated surface parking. You're just steps from major public transit with a direct, minutes-long route straight to Fanshawe College, comfortable walking distance to the 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! (Couch/Pullout bed, and queen hydraulic bed are negotiable.)

Listing Details

Taxes (2026)
$1,673
Originally Listed
$229,900
Listed
July 30, 2026

Price History

Listing history

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Property

Style
Apartment
Age
51-99
Construction
Concrete
Interior
None

Parking

Garage
None
Covered Spaces
0
Total Parking
1

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Oxford St
Parcel Number
094930138
Possession
30-59 days
Occupancy
Owner

Condo

Maintenance Fee
$652/month
Fee Includes
Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
Visitor Parking

Included

Inclusions
Couch/Pullout bed, and queen hydraulic bed are negotiable. Refrigerator and Stove are as-is as owner has not recently lived there.
Exclusions
personal furnishings
Rental Items
None

Schools

Elementary

  • Blessed Sacrament Separate School0.5 km

    Catholic · London District Catholic School Board · 535 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • East Carling Public School0.8 km

    Public · Thames Valley DSB · 570 students

    Grade 3 reading: 39% met the provincial standard · Grade 6 math: 46% met the provincial standard

  • Académie de la Tamise1 km

    French public · CS Viamonde · 260 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 86% met the provincial standard

Secondary

  • Thames Valley Alternative Secondary School0.8 km

    Public · Thames Valley DSB · 250 students

  • John Paul II Catholic Secondary School1 km

    Catholic · London District Catholic School Board · 940 students

    Grade 10 literacy: 71% met the provincial standard

  • Robarts Provincial School for the Deaf1.2 km

    Provincial · Provincial and Demonstration Schools

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5Y

Population
35,934
Private dwellings
16,194
Median age
35.6
Average household size
2.3
Median household income
$63,600

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in London East · last 12 months

Median sold price
$460,000
Homes sold
1,320
Median days on market
25
Sale-to-list price
97.0%

Based on 1,320 recorded sales of residential condo & other properties in London East over the last 12 months.

Rooms

4-piece on Flat

Flat

  • Bathroom7'11" x 4'10"
  • Bedroom 211'5" x 11'3"
  • Kitchen11'5" x 7'11"
  • Living Room18'4" x 16'9"
  • Primary Bedroom14'11" x 11'1"

Listed by

ROYAL LEPAGE TRILAND REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$43,000

Estimated Monthly Payment

$1,056

Land transfer tax

Estimated land transfer tax$1,875

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,056/mo (20% down, 5.5%)

Taxes: $139/mo · Insurance: $54/mo

Maint: $652/mo

Estimates only. Consult a financial advisor.

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