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For sale
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$299,000

Estimated value $284K to $314K

Est. $1,401/mo mortgage

2bd·1ba·1,200-1,399sqft

549 Ridout Street #702 · London, N6A 5N5

MLS® X13470190

139 days on market139 days on market

Listed Jun 19, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed Sep 24

Key facts

Property type
Condo apt
Square footage
1,200-1,399 sqft
Storeys
1
Age
31-50 years
Parking
2 spaces
Property tax
$3,219/yr (2025)

Description

Downtown views are waiting for you! Welcome to this 2 bed + den condo in the core of the city at The Blackfriars building. This unit features an open concept living and dining room with large windows. Turn your den into an office space or third bedroom. The large primary bedroom has a walk in closet and jack and jill bathroom. In suite laundry makes this a fantastic space. Underground parking and controlled entry to ensure safety. Other included amenities are exercise room, party room, workspace, and an outdoor BBQ patio. Water and underground parking with 2 spaces is also included in this welcoming building. Walk to Harris Park, Canada Life Centre for a concert or the Covent Garden Market. Not to be missed!

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Property details

Interior

Size
1,200-1,399 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main
Basement
None
Heating
Baseboard
Cooling
None
Ensuite laundry
Yes

Building & lot

Type
Condo apt, 1 Storey/Apt
Age
31-50 years
Exterior
Brick
Storeys
1
Exposure
North East

Parking

Garage
2 car Underground
Parking
2 spaces
Locker
None

Fees & taxes

Condo fee
$670/mo
Fee includes
water, parking
Pets
Yes, with restrictions
Property tax
$3,219/yr (2025)
Corporation
MSC 130
Managed by
Arnsby

Building amenities

Gym · Party Room/Meeting Room · Elevator · Visitor Parking

Rooms

Main

Foyer
3.51 × 3.95 m
Living Room, Combined w/Dining
5.53 × 7.38 m
Laundry
3.04 × 2.38 m
Kitchen
2.5 × 3.56 m
Primary Bedroom, Walk-In Closet(s)
7.19 × 3 m
Den
3.86 × 3.22 m
Bedroom 2
3.77 × 3.27 m

Estimated value range

$284K to $314K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Downtown London →

London East, ON

Urban core with condos, restaurants, and transit access.

Schools nearbyclosest is Jeanne-Sauvé Public School, 790 m

Elementary

  • Jeanne-Sauvé Public School

    790 m · Grades JK-8

    Thames Valley District School Board

    7.1
  • Woodfield French Immersion Public School

    1.4 km · Grades JK-8

    Thames Valley District School Board

    7.8
  • St Georges Public School

    1.5 km · Grades JK-8

    Thames Valley District School Board

    8.0

Secondary

  • London Central Secondary School

    950 m · Grades 9-12

    Thames Valley District School Board

    8.0
  • Catholic Central High School

    1.3 km · Grades 9-12

    London District Catholic School Board

    5.7
  • H B Beal Secondary School

    1.7 km · Grades 9-12

    Thames Valley District School Board

    5.3

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $2,651/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,401
Property tax$268
Insurance (est.)$62
Utilities (est.)$250
Condo fee$670
Total monthly$2,651
Land transfer tax$2,960 on closing

Ontario LTT

$2,960

First-time rebate

−$2,960

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

Price & listing history

$299,000

Listed Jun 19, 2026

On the market

Sold comparables nearby

302 - 323 Colborne Street, London EastSold

302 - 323 Colborne Street, London East

1 bd·1 ba·800-899 sqft
1705 - 695 Richmond Street, London EastSold

1705 - 695 Richmond Street, London East

2 bd·2 ba·1,200-1,399 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$266,567

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $79,000 household income

Minimum household income required

$79,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Call Colin at (226) 212-5099 or text

Rental market$1,898/mo median for 2 bed nearby

$1,898/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 80 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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