Patio, building for 549 Ridout St #801, London Ontario N6A 5N5
86 days on Market

549 Ridout St #801, London, Ontario N6A 5N5

In the same building:
-
Condo
2
2
~1200-1399 sqft
$•••,•••
$399,900
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Condo
2
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$309/sqft

Est. Mortgage$1,717/mo

Maintenance fees$645/mo

Tax Amount (2024)$3,146/yr

Days On Market86 days


Description

Experience the epitome of downtown living! 8th Floor Overlooking the city of London. Situated adjacent to Harris Park, the serene Thames River, UWO, enchanting hiking trails, and a myriad of fine dining establishments, this luminous and meticulously renovated condo unit exudes elegance. Boasting generous proportions, this is one of the larger units within the building and offers 2 bedrooms plus a den. Expansive walls of windows bathe the sizable great room in abundant natural light, creating a welcoming atmosphere. The kitchen is a culinary enthusiast's dream, featuring a pristine white aesthetic, an array of thoughtful extras and integrated appliances. The master bedroom exudes charm with a spacious walk-in closet, and an attached 3-piece ensuite with walk in Shower. Additionally, this unit enjoys the privilege of one of the best parking spaces conveniently located on the main level. Notably, the building itself has undergone a comprehensive transformation within the past 10 years, with substantial investments exceeding $1,300,000 allocated to refurbishing the lobby, roof, elevators, carpeting, lighting fixtures, furniture, fireplaces, and more. Windows were just done that this owner has paid in full the amount for that. Enhanced security measures have been implemented recently, including an extensive network of surveillance cameras in common areas, underground parking, and hallways. The exterior has also been beautified with extensive landscaping, exterior lighting, and charming stone walls. In unit laundry. Forced electric furnace with central air unit. Dogs and cats are permitted


Property Details

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12007696
Community NameCentral London
Data SourceTRREB
Listing bySUTTON GROUP PREFERRED REALTY INC.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air

Main Floor

Laundry

2.4 x 2.8

Other

4.7 x 4.3

Eat-In Kitchen

Family

4.2 x 3.9

Br

3.2 x 3.0


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


8Story
Amenities

Exercise Room, Gym, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 8, 2025
ListedActive
$399,900
86 days on market
history photo preview25
Listing by trreb®
Property listed by SUTTON GROUP PREFERRED 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