255 Ridgewood Crescent
London South, N6J 3G7·MLS® X13461868·
Listing courtesy of Thrive Realty Group INC.·Updated 18 hours ago
Listing price
$919,000
Est. $4,377/mo
Days on market
Listed Jun 18, 2026
Description
Larger than it looks! If you've ever dreamed of owning a country property within the city, this is your opportunity. Situated on just over 2.5 acres in the sought-after Southcrest neighbourhood, this unique property offers privacy, greenspace, and room to breathe while remaining close to all city amenities. This well-maintained bungalow offers significantly more living space than you might expect thanks to a thoughtfully designed addition. The addition features a spacious kitchen with granite countertops, hardwood flooring, abundant natural light, and views overlooking the oversized deck and surrounding greenspace. It also includes a versatile hot tub room (originally designed as a bedroom with skylight and direct deck access), a 3-piece bathroom with walk-in shower, plus a convenient mudroom and storage area with access from the attached garage. The original portion of the home offers a generous living room with gas fireplace insert and large picture window, a formal dining room that was previously a bedroom (original doorway remains and could potentially be converted back), a spacious primary bedroom that easily accommodates a king-sized bed, additional bedrooms with original hardwood flooring, and a 4-piece main bath with soaker tub. Outside, you'll find an attached oversized 2-car garage plus an impressive detached 3.5-car garage/workshop (approximately 800 sq. ft., built in 2017) featuring loft storage and three electrical panels, ideal for hobbyists, tradespeople, car enthusiasts, or additional storage needs. A walkway provides direct access into the surrounding greenspace, further enhancing the property's country-like feel. The basement has been professionally waterproofed(warranty transferrable) with a sump pump installed (2023). The space is currently unfinished and offers excellent workshop and storage potential. If you've been searching for a country property without giving up the convenience of city living, this is the one for you!
Property details
Garage
5 car Other
Basement
Unfinished
Parking
14 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$14,855
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$745,000
78 Dundee Place, London South
Sold$525,000
24 Lambeth Avenue, London South
See all 10 comparables
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Market conditions · South D
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
$3,676
Rental yield
4.8%
Est. cash flow
-$2,138
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$218,008
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$882,240
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