Home with brick exterior material, street for 605 Ridgewood Cres, London South Ontario N6J 3J1
1 day on Market

605 Ridgewood Cres, London South, Ontario N6J 3J1

Detached
3
2
~1100-1500 sqft
$•••,•••
$665,999
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Detached
3
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$524/sqft

Est. Mortgage$2,860/mo

Tax Amount (2024)$3,477/yr

Days On Market1 day


Description

Beautifully Maintained Home with In-Law Suite in Desirable Southcrest! Discover this charming, move-in-ready home located in the highly sought-after Southcrest neighbourhood of London. Perfect for first-time buyers or savvy investors, this property offers the ideal opportunity to offset your mortgage with rental income. From its inviting curb appeal to the warm, light-filled interior, this home is full of character and comfort. Enjoy a spacious, private backyard perfect for outdoor entertaining or quiet relaxation. Additional features include a detached garage, ample parking, and a separate entrance to the finished in-law suite ideal for extended family, guests, or rental potential. Major updates include a newer roof and furnace (approximately 5 years old), giving buyers added peace of mind. As an added bonus, the seller is offering to include all furnishings, making this a truly turnkey opportunity. The lower unit renovation was completed by a previous owner; buyers are advised to verify zoning, permits, and legal use with the City of London.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size8,400 SqFt(140 x 60)
Parking Spaces6
MLS ®NumberX12141749
Community NameSouthcrest
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Features

Lot size: 8,400 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 5

Total parking spaces 6


Property History

May 12, 2025
ListedActive
$665,999
1 day on market
history photo preview38
Listing by trreb®
Property listed by EXP REALTY, Brokerage
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Market Data - Southcrest

Geo Zone Map ThumbnailSouthcrest

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

8 days

2023

34 days

2022

9 days

New Listings

Past 30 days

15 listings

Compared to

2024

16 listings

2023

12 listings

2022

19 listings

Units sold

Past 30 days

9 units

Compared to

2024

3 units

2023

7 units

2022

9 units

Median Sold Price

Past 30 days

$551,100

Compared to

2024

$645,000

2023

$709,000

2022

$685,000


Population and Demographics

Overview

Total population 15483
Average household income $92,337

Age (%)

65 and plus
23%
20 to 34
22%
50 to 64
20%
35 to 49
18%
0 to 19
17%

Household composition (%)

Single family
49%
Single person
46%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
85%
Spanish
5%
Others
4%
Arabic
2%
French
1%

House tenancy (%)

Renters
59%
Owners
41%

Schools and amenities

Transportation Scores

Estimated Budget