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583 Mornington Avenue Unit 504

East G / London East, ON N5Y 3E9

ActiveFor Sale
2 Beds
1 Baths
900 Sq Ft
Condo

About This Property

Experience the largest two-bedroom floorplan available in Sunrise Condos, offering a great investment and steady rental demand in London East. Unit 504 is a stand-out corner unit with luxury laminate plank flooring throughout the main living areas, a modernized four-piece bathroom, and in-suite storage. The functional, open-concept layout maximizes every square inch. A significant asset to your bottom line: the monthly condo fees include hydro, heat, water, and dedicated surface parking. This utility coverage eliminates variable overhead expenses, delivering highly predictable monthly cash flow for portfolio investors and simplified budgeting for home owners. Located in a high-demand commuter and student hub, residents are steps from major public transit with a direct, minutes-long route straight to Fanshawe College, making it a prime off-campus housing choice. The building is within comfortable walking distance to the extensive shopping and dining options along the Oxford Street commercial corridor, local elementary schools, and neighborhood parks. Whether you are looking to secure a turnkey entry-level home or capitalize on London's robust rental market with a low-maintenance asset, this property delivers immediate practical value and long-term investment viability. Couch/Pullout bed, and queen hydraulic bed are negotiable.

Property Details

StatusActive
Property TypeCondo
Listing TypeFor Sale
Interior Size900 sq ft
Bedrooms2
Bathrooms1
LockerNone
BalconyOpen
ExposureEast
Postal CodeN5Y 3E9
Last UpdatedSep 14, 2026 · 10:59 a.m.

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Features & Amenities

  • View
  • Balcony
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13622364

Listed by ROYAL LEPAGE TRILAND REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$215,000

asking price

MLS®X13622364
TypeCondo
CityLondon East
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,050

/month · $172,000 mortgage

Down Payment20% — $43,000
Interest Rate5.5%

Amortization

Total Interest

$142,962

Total Cost

$314,962

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE TRILAND REALTY