Maintenance fees
$508.66
Locker
-
Exposure
NW
Possession
Immediate
Price per sqft
$243 - $283
Taxes
$1,324 (2026)
Outdoor space
Balcony, Patio
Age of building
-
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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.
Broker: RE/MAX a-b Realty Ltd Brokerage
MLS®#: X13173560
Property details
Neighbourhood:
Parking:
Yes
Parking type:
-
Property type:
Condo Apt
Heating type:
Radiant
Style:
Apartment
Ensuite laundry:
No
MLS Size:
600-699 sqft
Listed on:
May 26, 2026
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Rooms
| Name | Size | Features |
|---|---|---|
Dining Room | 12.0 x 10.0 ft | |
Bedroom | 12.5 x 10.0 ft | |
Living Room | 8.0 x 13.0 ft |
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Instant estimate:
orto view instant estimate
$43,146
higher than listed pricei
High
$223,611
Mid
$213,046
Low
$204,391
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Included in Maintenance Fees
Heat
Hydro
Parking
Water







