Home with brick exterior material, street for 241 Ridout St, London South Ontario N6C 3Y3
Re-listed 1 day ago

241 Ridout St, London South, Ontario N6C 3Y3

Townhouse
5
2
~700-1100 sqft
$•••,•••
$634,900
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$3,175Cashback
Townhouse
5
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market1 day

Total days on market
323 days

Estimated valueNot available

Price/Sqft$742/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$400K

Median sold price*

*Based on last 30 days

Description

I wanted to share details about a recently renovated duplex that might be of interest to you, especially if you're looking to expand your investment portfolio or find a new home with rental income potential. This duplex is just a few minutes' walk from the famous Wortley Village. The main floor has been completely transformed into a three-bedroom, one-bathroom unit with all-new features including the kitchen, bathroom, flooring, and windows. The second-floor unit offers two good-sized bedrooms, a den/office, a four-piece bathroom, an eat-in kitchen, and a living room. We've also added noise insulation between the two units for comfort and privacy, and there are separate hydro meters. You'll find ample parking with space for four cars off Briscoe. This is an excellent opportunity to either add to your investment portfolio or live in the main unit and rent out the upper unit to help with mortgage payments. The location also boasts walking distance to great schools and, of course, Wortley Village.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size4,560 SqFt(114 x 40)
Parking Spaces4
MLS ®NumberX12260652
Community NameSouth London
Data SourceTRREB
Listing byROYAL LEPAGE TRILAND REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished, Full

Main Floor

3rd Br

4.1 x 3.1

2nd Br

3.89 x 3.3

Br

4.3 x 3.3

Sitting

4.1 x 2.05


Features

Lot size: 4,560 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Market Data - South London

Geo Zone Map ThumbnailSouth London

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2024

49 days

2023

0 day

2022

9 days

New Listings

Past 30 days

2 listings

Compared to

2024

0 listing

2023

1 listing

2022

0 listing

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$487,500

Compared to

2024

$400,000

2022

$490,000


Population and Demographics

Overview

Total population 14566
Average household income $107,372

Age (%)

0 to 19
16%
20 to 34
26%
35 to 49
20%
50 to 64
21%
65 and plus
18%

Household composition (%)

Single person
50%
Single family
44%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
91%
Others
3%
Spanish
2%
French
1%
Arabic
1%

House tenancy (%)

Renters
60%
Owners
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget