Kitchen (2.7 × 2.136)
Level: Ground
501-583 Mornington Ave
East G, London East, Ontario N5Y 3E9
Description
A hands-off investment opportunity at 501-583 Mornington Ave, London, ON. This bright and affordable 1+den condo offers the convenience of property-managed rentals, making it an appealing option for investors seeking rental ownership without the day-to-day demands of managing tenants. The unit is currently tenanted, with the lease ending in August 1. Vacant occupancy can be provided at that time. Set in a quiet, clean, and well-managed building, the spacious unit features a generous living area, a bright bedroom, and a versatile den suited to a home office or study space. A large private balcony with sweeping city views adds to its appeal for prospective tenants, including students. Condo fees include heat, hydro, and water, simplifying monthly expense planning. With rentals taken care of by property management, this condo offers a practical way to add a professionally managed property to your investment portfolio.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13173560
- Board
- TRREB MLS®
- Days on market
- Tax
- $1,324
- Size
- 600-699 sqft
- Parking
- 1 None, 1 Parking
Listing History
Buy/Sell history for 501-583 Mornington Ave, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $169,900 | N/A | Ext | X13173560 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- East G
- Municipality
- London East
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Detail
- 1, 4pc
- Basement Type
- Full
- Kitchens
- 1
Utilities
- Cooling
- Wall Unit
- Heating Type
- Radiant
Building
- Size
- 600-699 sqft
- Construction
- Stucco/Plaster
Parking
- Garage Type
- None
- Garage
- 1
- Add. Parking
- 0
- Total Parking
- 1
Additional
- Fireplace
- N
- Den
- N
- Family room
- N
- Extras
- Fridge Stove
- Condo maint.
- $509
Rooms (6)
Br (3.048 × 3.81)
Level: Ground
Bathroom (2.133 × 1.524)
4 Pc Bath
Level: Ground
Den (3.65 × 2.438)
Level: Ground
Living (3.96 × 2.438)
Level: Ground
Dining (3.04 × 3.65)
Level: Ground
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
15 records read 9 on record nearby 6 checked, none on recordRead 2026-11-09
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m7 test or monitoring holes also recorded.
- Groundwater recorded about 7.6 m below ground nearbyThe middle water level in the well records within 500 m (47 records). It changes with the season and from spot to spot.
- Bedrock about 38.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 4.8 km
Province of Ontario open data
Around the home
- Nearest rail line: 400 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Russel Metals Inc. — London, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$779
- Down payment$33,980
- Mortgage amount$135,920
- Total interest$97,780
- Total cost$267,680
Cash flow analysis
$779
Total monthly payment
$889
Break-even down payment
100%
Cash flow-$889
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$169,900
$169,900
CAD
Estimated market value
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