451 Ridout Street
London South, N6C 4A3·MLS® X13447702·
Listing courtesy of Sutton Group - Select Realty·Updated 4 hours ago
Listing price
$569,900
Est. $2,714/mo
Days on market
Listed Jun 15, 2026
Description
Spacious Old South Bungalow with over 1400 sq ft of living area above grade plus ample finished space in the lower level. There are three good sized bedrooms on the main floor plus a bonus room currently used as an office but could also be a fourth bedroom or den. Bright living room with fireplace is open to the dining room for ease of hosting family dinners and holiday events. The eat-in kitchen overlooks the enclosed sunroom and back yard, great for keeping an eye on the little ones. Need more space? The lower level offers a large rec room for movie and game nights or set up your home gym. There are 2 bonus rooms that were used as bedrooms, a washroom, laundry room, and storage. Outside you'll enjoy the fully fenced backyard, a covered 3 season sunroom for rainy days plus a patio and deck for outdoor dining. Additional features are the inside entry from the garage, hardwood floors, and mid-century accents. Steps from Mountsfield Public School, convenient to LHSC, 401, transit, and Wortley Village shops and restaurants.
Property details
Garage
1 car Attached
Basement
Partially Finished
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Mid-south residential area built around Highland Country Club with well-maintained homes.
Monthly payment estimate
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
Sold comparables nearby
Sold$585,000
350 Highview Crescent, London South
Sold$675,000
238 Ridout Street, London South
See all 10 comparables
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Market conditions · South G
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
Affordability
Minimum household income required
$138,775
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$587,567
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