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251 Ridout Street

London South, N6C 3Y5·MLS® X13150446·

Listing courtesy of Thrive Realty Group INC.·Updated 4 days ago

For sale
1 / 46
3Beds
2Baths
1,100-1,500Sqft
Year Built

Listing price

$569,900

Est. $2,714/mo

Days on market

25

Listed May 20, 2026

Description

Nestled in the heart of one of London's most sought-after neighbourhoods, this charming century home blends timeless character with thoughtful modern updates. Offering 3 bedrooms and 1.5 bathrooms, with the full bath featuring a classic clawfoot tub, this home is filled with warmth and personality throughout. The main floor showcases upgraded engineered hardwood flooring, a comfortable living room with a wood-burning fireplace, formal dining area, and an updated galley-style kitchen designed for both function and style. Upstairs, original hardwood floors add to the home's historic appeal, while each bedroom features its own walk-in closet, a rare and practical bonus. The partially finished lower level provides additional living space with a cozy family room, separate laundry room, and ample storage. Enjoy quiet mornings on the private front porch or take advantage of the oversized detached 2-car garage. Ideally located within walking distance to Wortley Village, downtown London, local schools, shops, and restaurants, this is a truly special opportunity to own a character-filled home in an unbeatable location.

Property details

Garage

2 car Detached

Basement

Full, Partially Finished

Parking

6 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$587,567Above Market
$553,373$621,761

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Highland

London South, ON

Mid-south residential area built around Highland Country Club with well-maintained homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,714
Property tax$617
Insurance (est.)$119
Utilities (est.)$250
Total monthly$3,701

Land transfer tax

Ontario LTT

$7,873

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 20, 2026Listed
$569,900

Sold comparables nearby

238 Ridout Street, London SouthSold

$675,000

238 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft
234 Edward Street, London SouthSold

$522,000

234 Edward Street, London South

2 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · South F

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$2,280

Rental yield

4.8%

Est. cash flow

-$1,421

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$138,775

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$587,567

Above Market

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