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549 Ridout Street #607

London East, N6A 5N5·MLS® X13426248·

Listing courtesy of The Gunn Real Estate Group INC.·Updated 2 days ago

For sale
1 / 36
2Beds
2Baths
1,000-1,199Sqft
31-50Year Built

Listing price

$339,900

Est. $1,619/mo

Days on market

4

Listed Jun 10, 2026

Description

Imagine waking up to the sun glistening off the Thames River and the lush greenery of Harris Park right outside your window. This isn't just a condo; it's a front-row seat to the best of London. Situated on the sixth floor of the prestigious Blackfriars building, this 1,135-square-foot residence offers a rare balance of downtown energy and park-side serenity. Natural light floods the open-concept living area through wall-to-wall windows, creating an airy, uplifting atmosphere for both morning coffee and evening entertaining. The updated galley kitchen is a functional masterpiece for the home chef, while two generous bedrooms provide a quiet retreat from the city's pulse. With two full bathrooms and the convenience of in-suite laundry, the layout is as practical as it is beautiful. Step outside and find yourself minutes from the city's finest dining, entertainment, and scenic riverside trails. Whether you're a professional seeking an urban hub, a couple starting a new chapter, or looking for a refined retirement lifestyle, this meticulously maintained building offers peace of mind with heated underground parking and a quiet, secure environment. Experience a lifestyle where the vibrant heartbeat of downtown meets the tranquility of nature. Contact us today to arrange your private viewing of this exceptional riverside home. Some images have been virtually staged to illustrate the potential use and layout of the space. Furniture, décor, and other items shown in these images are digitally generated and may not be present during in-person viewings."

Property details

Garage

1 car Underground

Basement

None

Parking

1 spaces

Type

Condo Apartment — Apartment

Heating

Baseboard

AI property estimate

$350,437Above Market
$330,043$370,831

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Downtown London

London East, ON

Urban core with condos, restaurants, and transit access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,619
Property tax$368
Insurance (est.)$71
Utilities (est.)$250
Total monthly$2,308

Land transfer tax

Ontario LTT

$3,574

First-time rebate

$3,574

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

Price & listing history

Jun 10, 2026Listed
$339,900

Sold comparables nearby

211 - 320 Sugarcreek Trail, London NorthSold

$360,000

211 - 320 Sugarcreek Trail, London North

1 bd·1 ba·800-899 sqft
802 - 500 Talbot Street, London EastSold

$318,000

802 - 500 Talbot Street, London East

2 bd·2 ba·1,200-1,399 sqft

See all 10 comparables

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Market conditions · East 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

$1,360

Rental yield

4.8%

Est. cash flow

-$948

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

$86,553

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

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AI estimate

$350,437

Above Market

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