549 Ridout Street #702
London East, N6A 5N5·MLS® X13470190·
Listing courtesy of Blue Forest Realty INC.·Updated 6 hours ago
Listing price
$329,000
Est. $1,567/mo
Days on market
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
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
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
Sold comparables nearby
Sold$375,000
309 - 460 Wellington Street, London East
Sold$335,000
707 - 695 RICHMOND Street, London East
See all 10 comparables
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Market conditions · East F
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
Affordability
Minimum household income required
$84,088
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$315,840
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