$174,999
For sale: Apartment

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.
Sold data
Apartment homes in London East (East G) took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, across 113 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $294,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 113 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East G) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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