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$170K · 1 bed Condo Apartment · Unit 1011, 573 Mornington Avenue, London, Ontario N5Y 4T9 | HomeSearchCanada

$169,900

Unit 1011

111 DOM

11111d

Map

DOM 111

Motivated Seller

$169,900

Motivated Seller

DOM111days

Unit 1011

573 Mornington Avenue · London · Ontario N5Y 4T9

MLS® X12871190 · East G · N5Y 4T9

11Vacant600-699 ft²Condo ApartmentNoneNo basement111d$262/ft²Lot 382,581.3$1,375 tax/yrBuilt 198541 yrs oldNo basement

111 days on market

About this home

Attention: First Time Homebuyers and Investors!! Check out this 10th floor unit, with amazing views of the city and downtown area! The building is next to a city park with nice walking trails. Located close to shopping centres, Fanshawe College, schools and bus transit and is in a safe and convenient location in London. This spacious 1 bedroom apartment has a well thought-out layout and is perfect for young couples or investors looking for an easy to rent condo. Updated vinyl flooring (2023), pa…

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Property details

MLS#: X12871190
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 5
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 1985

Occupancy: Vacant
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Zoning: R9-2

Roof: Flat
Foundation: Concrete
Property features: Park, Public Transit, School

View: Downtown, Park/Greenbelt

Condo corp #: 890
Balcony: Open
Locker: None
Association amenities: BBQs Allowed
Fees include: Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Baseboard
Heating fuel: Electric
Cooling: Wall Unit(s)
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete · Controlled Entry
Fronting on: —
Cross street: Oxford St E and Mornington ave
Stories: 10
Utilities: —
Laundry: Coin Operated
Laundry level: Main Level
Interior: Other
Parking features: Private, Unreserved

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: CENTURY 21 FIRST CANADIAN CORP

Source: TRREB/PROPTX · MLS® X12871190

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$170K

Unit 1011 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $169,900✓ $1,375 tax✓ Electric✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$2,291/mo

incl. closing costs (yr 1)

Annual total

$27,496

year 1

Mortgage only

$645/mo

principal + interest

Beyond mortgage

$1,070/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$33,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$115/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~650 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$1,699/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$42/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$1,424

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)28% $7,735/yr

Property taxes10% $2,799/yr

Utilities9% $2,460/yr

Insurance & security6% $1,600/yr

Maintenance6% $1,699/yr

Condo fees22% $6,104/yr

Closing costs19% $5,100/yr

Mortgage is 28% of your true cost of ownership. The other 72% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$7,735	$645/mo
Government & taxes
Property tax	$1,375	$115/mo
Land transfer tax(closing)	$1,424	$119/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$1,699	$142/mo
Condo fees
Condo / HOA fees	$6,104	$509/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$27,496	$2,291/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1011

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs