22 days on Market

549 Ridout St #407, London East, Ontario N6A 5N5

In the same building:
-
Condo
3
2
~1200-1399 sqft
$409,900
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Condo
3
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$317/sqft

Est. Mortgage$1,760/mo

Maintenance fees$645/mo

Tax Amount (2024)$2,942/yr

Days On Market22 days


Description

Welcome to this RARE and spacious 3-BEDROOM, 2-bathroom condo in one of London's nicest downtown area, offering stunning views of Harris Park and a lifestyle of convenience and comfort within walking distance to Richmond Row. With over 1200 sq ft of well-designed living space, this beautifully updated unit combines modern finishes with exceptional value. Step into a bright, open-concept layout featuring: Brand new countertops and custom kitchen island that enhances natural light and flow, stainless steel appliances (approx. 6 years old), new vinyl flooring throughout, new windows (covered by condo corp) and new light fixtures, two full bathrooms with new vanities, fresh paint. Reasonable condo fees that include water and access to fantastic building amenities, including a spacious common courtyard, a fully equipped exercise room and a modern, recently renovated lobby and elevator. Located in one of London's downtown area, you're steps from restaurants, shops, trails, festivals, and the beauty of the Thames River with quick access to Western. Ideal for young professionals, first time home buyers or investors looking to rent out a condo to professionals or students. Don't miss your chance to own a rare 3-bedroom unit with views and value in the core of the city!


Property Details

StyleApartment
View-
Age of property31-50
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12155532
Community NameCentral London
Data SourceTRREB
Listing byPC275 REALTY INC.

Features

Heating: Baseboard
Cooling: Other

Main Floor

Living

5.22 x 3.32

Kitchen

3.23 x 2.43

Primary

4.92 x 3.08

Ensuite Bath / W/I Closet

2nd Br

4.61 x 4.24


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Elevator
Amenities

Exercise Room, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 17, 2025
ListedActive
$409,900
22 days on market
history photo preview42
Listing by trreb®
Property listed by PC275 REALTY INC., Brokerage

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Market Data - Central London

Geo Zone Map ThumbnailCentral London

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

45 days

2023

31 days

2022

15 days

New Listings

Past 30 days

29 listings

Compared to

2024

22 listings

2023

13 listings

2022

33 listings

Units sold

Past 30 days

13 units

Compared to

2024

13 units

2023

18 units

2022

8 units

Median Sold Price

Past 30 days

$400,000

Compared to

2024

$361,600

2023

$379,250

2022

$478,150


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

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

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