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451 Ridout Street

London South, N6C 4A3·MLS® X13447702·

Listing courtesy of Sutton Group - Select Realty·Updated 4 hours ago

For sale
1 / 31
3Beds
2Baths
1,100-1,500Sqft
Year Built

Listing price

$569,900

Est. $2,714/mo

Days on market

2

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

$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

Jun 15, 2026Listed
$569,900

Sold comparables nearby

350 Highview Crescent, London SouthSold

$585,000

350 Highview Crescent, London South

3 bd·2 ba·1,100-1,500 sqft
238 Ridout Street, London SouthSold

$675,000

238 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft

See all 10 comparables

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Market conditions · South G

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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