251 Ridout Street
London South, N6C 3Y5·MLS® X13473856·
Listing courtesy of Thrive Realty Group INC.·Updated 6 hours ago
Listing price
$549,900
Est. $2,619/mo
Days on market
Listed Jun 22, 2026
Description
Nestled in the heart of one of London's most sought-after neighbourhoods, this charming century home blends timeless character with thoughtful modern updates. Offering 3 bedrooms and 1.5 bathrooms, with the full bath featuring a classic clawfoot tub, this home is filled with warmth and personality throughout. The main floor showcases upgraded engineered hardwood flooring, a comfortable living room with a wood-burning fireplace, formal dining area, and an updated galley-style kitchen designed for both function and style. Upstairs, original hardwood floors add to the home's historic appeal, while each bedroom features its own walk-in closet, a rare and practical bonus. The partially finished lower level provides additional living space with a cozy family room, separate laundry room, and ample storage. Enjoy quiet mornings on the private front porch or take advantage of the oversized detached 2-car garage. Ideally located within walking distance to Wortley Village, downtown London, local schools, shops, and restaurants, this is a truly special opportunity to own a character-filled home in an unbeatable location.
Property details
Garage
2 car Detached
Basement
Full, Partially Finished
Parking
6 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Mid-south residential area built around Highland Country Club with well-maintained homes.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,473
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 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
$2,200
Rental yield
4.8%
Est. cash flow
-$1,380
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$134,241
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$566,947
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