45 mins on Market

549 Ridout St #302, London East, Ontario N6A 5N5

In the same building:
-
Condo
2
2
~1200-1399 sqft
$389,900
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Condo
2
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market45 mins

Estimated valueNot available

Price/Sqft$301/sqft

Monthly cost

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Description

Major renovations & remodeling cost approx.. $90,000 in this stunning, bright, fully renovated and remodeled open concept larger suite (1255 sq ft.). Ideally located in the heart of Downtown-steps to trendy restaurants, the Grand Theatre, Covent Garden Market, Budweiser Gardens, and scenic walking/biking paths along the Thames River. The area is seeing millions in new investment, including luxury high rises, amenities, and the Harris Park Shoreline Restoration completed in 2025 with new lookouts, fishing spots, and boat launch areas. 2 bedroom + den, stunning kitchen with top of the line white cabinets, Cambri (Quartz) ft 6.10 X ft 3.1 Island (perfect for entertaining) and expensive Stainless-steel appliances opening to large great room (living + dining room combo) with large windows, unique built-in (cabinet, fireplace, & TV). Master with beautiful ensuite (double sink, glassed 4 ft shower install, and rain shower), walk-in closet with built-ins. 2nd 4-piece bathroom freshly designed. Laundry (Storage) with built in quality cabinets. Quality laminated flooring, newer light fixtures, pot lights all thru the unit, wide baseboards, light switches, and radiators, and brand-new Shades ($3500). Prime parking spot on 1st level. The building is approximately 80% owner occupied (retired seniors and young professionals) and has undergone significant upgrades within last 12 years: an elegant rebuilt foyer with fireplace, designer furnishings, newer carpeting and wallpaper, updated lighting and hardware, artwork on every floor, renovated elevators, newer roof, underground parking membrane, refreshed party room, extensive landscaping, and comprehensive security cameras throughout. Some additional accessibility improvements have also been done. Plus, attractive high-quality windows were installed in 2022, followed by new back boardwalk and patio doors in 2023. Unit Parking space # 7. The corporation is financially strong with no loans, and all amenities are fully paid for.


Property Details

Style1 Storey/Apt
ViewDowntown
Age of property31-50
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX13601674
Community NameCentral London
Data SourceTRREB
Listing byRE/MAX CENTRE CITY REALTY INC.

Features

Heating: Baseboard
Cooling: Wall Unit
Fireplace

Main Floor

Foyer

3.65 x 1.7

Great Rm

7.16 x 4.31

Kitchen

3.04 x 2.23

Primary

4.67 x 2.92


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Amenities

Elevator, Exercise Room, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 24, 2026
ListedActive
$389,900
< 1h on market
history photo preview34
Listing by trreb®
Property listed by RE/MAX CENTRE CITY REALTY INC., Brokerage
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Market Data - Central London

Geo Zone Map ThumbnailCentral London

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

90 days

Compared to

2025

43 days

2024

42 days

2023

25 days

New Listings

Past 30 days

39 listings

Compared to

2025

32 listings

2024

29 listings

2023

20 listings

Units sold

Past 30 days

8 units

Compared to

2025

8 units

2024

15 units

2023

11 units

Median Sold Price

Past 30 days

$323,500

Compared to

2025

$337,000

2024

$395,000

2023

$388,200


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

0 to 19
10%
20 to 34
38%
35 to 49
17%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget