573 Mornington Ave #103 is a 1-bedroom, 1-bathroom condo in London, listed for $173,000. It has 600-699 sq ft of living space.
1The functional layout includes a separate den, ideal for a home office or additional living space.
2Conveniently located with easy access to downtown London and Highway 401 via Highbury Avenue, as well as nearby shopping, public transit, and everyday amenities.
3This apartment offers comfort, convenience, and flexibility.
Bright and well-kept 1-bedroom plus Den apartment on the first floor, freshly painted and featuring no carpets throughout for easy maintenance. The functional layout includes a separate den, ideal for a home office or additional living space. Conveniently located with easy access to downtown London and Highway 401 via Highbury Avenue, as well as nearby shopping, public transit, and everyday amenities. An excellent opportunity for investors or owner-occupants, with the flexibility for the current tenants to stay or vacate, depending on the buyer's needs. This apartment offers comfort, convenience, and flexibility. Don't miss this great opportunity!
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $288 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 573 Mornington Ave #103
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
600-699 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
573 Mornington Ave #103 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14093090$173,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 573 Mornington Ave #103 Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$850
/mo
based on the purchase price of $173,000
$34,600 cash
$138,400 financed
$116,569 total interest
Principal54%$138,400
Interest46%$116,569
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 1–2 bed homes for sale in London around $173K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings2,418Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 23 – Jul 22, 2026: prices down.
Based on 1,822 sales from Jul 22 – Oct 20, 2026 (1,450 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale at 573 Mornington Ave — plus its sale and lease history.
573 Mornington Ave #103 is listed at $173,000 (MLS® X14093090). Summitly updates the price as soon as the MLS® record changes.
Is $173,000 a good price for 573 Mornington Ave #103?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 573 Mornington Ave #103 changed?
No — 573 Mornington Ave #103 is still listed at its original asking price of $173,000.
How many bedrooms and bathrooms does 573 Mornington Ave #103 have?
573 Mornington Ave #103 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in London.
How much would the monthly mortgage be on 573 Mornington Ave #103?
About $850 a month — principal and interest on $173,000 with 20% down ($34,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 573 Mornington Ave #103 compare with other homes in London?
Its asking price of $173,000 is about 69% below the median sold price in London over the last 90 days, $560,000, across 1,822 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 573 Mornington Ave #103 been sold before?
Summitly has no earlier MLS® sale or lease of 573 Mornington Ave #103 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 573 Mornington Ave #103?
573 Mornington Ave #103 is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 573 Mornington Ave #103 been on the market?
1 day — 573 Mornington Ave #103 was listed on October 19, 2026.
What is the price per square foot of 573 Mornington Ave #103?
About $247 to $288 per square foot: the asking price of $173,000 over the 600–699 sq ft the listing gives as its size range.
Does 573 Mornington Ave #103 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 573 Mornington Ave #103 have a basement, and is it finished?
The listing says 573 Mornington Ave #103 has no basement.
