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549 Ridout Street #702

London East, N6A 5N5·MLS® X13470190·

Listing courtesy of Blue Forest Realty INC.·Updated 6 hours ago

For sale
1 / 27
2Beds
1Baths
1,200-1,399Sqft
31-50Year Built

Listing price

$329,000

Est. $1,567/mo

Days on market

1

Listed Jun 20, 2026

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!

Property details

Garage

2 car Underground

Basement

None

Parking

2 spaces

Type

Condo Apartment — 1 Storey/Apt

Heating

Baseboard

AI property estimate

$315,840Below Market
$296,100$335,580

82% confidence · 4 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)$1,567
Property tax$356
Insurance (est.)$69
Utilities (est.)$250
Total monthly$2,242

Land transfer tax

Ontario LTT

$3,410

First-time rebate

$3,410

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

Price & listing history

Jun 20, 2026Listed
$329,000

Sold comparables nearby

309 - 460 Wellington Street, London EastSold

$375,000

309 - 460 Wellington Street, London East

2 bd·2 ba·1,000-1,199 sqft
707 - 695 RICHMOND Street, London EastSold

$335,000

707 - 695 RICHMOND 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

$1,316

Rental yield

4.8%

Est. cash flow

-$926

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$84,088

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

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AI estimate

$315,840

Below Market

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