$327,900
Est. $1,536/mo mortgage
549 Ridout Street #903 · London East, N6A 5N5
MLS® X13531106
Listed Jul 7, 2026
Listing courtesy of Re/max Centre City Realty INC.·Updated Aug 24
Description
Rare Opportunity with Million Dollar View! Watch the sunset, seasons changing, geese and aspires flying over the river, from this cozy 2 bedroom, 2 bath corner unit on the 9th floor. The suite has a stunning unmatchable view of Harris Park, forks of Thames River and downtown. Enjoy a large great room (Living & dining combo) with wood burning fireplace with marble surrounding, spacious eat-in kitchen, large master with 3 piece ensuite, in-suite laundry and storage combination. NOTE: This is one of the few suites that has 2 of the most prime parking spots next to each other on 2nd-level by elevator; and a forced air heating and cooling system. The building is mostly owner occupied (retired seniors, young professionals), and has gone through some major renovations in the last 12 years. The building is one of the very few condo high rises in London with security cameras on all floors, underground parking, front and back patios. List of renos are quality windows in 2022, newer roof, elevators, underground parking, remodeled, elegant lobby with soaring ceilings, fireplace, and designer furniture, carpeting & wallpaper, art work on all floors, plus major landscaping, rebuilding retainer walls, and newer boardwalk, some added accessibility features all have been done in the last 12 years. There is an exercise room, and party room with kitchen, and there are 2 patios with patio sets, that overlook Harris park for relaxation and enjoyment of residents. The area is seeing large investments. The Harris Park restoration was started in 2025 and continues in 2026 with new look outs, fishing area etc. (which is behind the building). The corporation is financially strong. All amenities and renos have been all paid for. Don't miss this opportunity to live in one of Downtown's most vibrant neighborhoods.
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Property details
Interior
- Size
- 1000-1199 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 3-piece on Main
- Basement
- None
- Heating
- Forced Air
- Cooling
- Central Air
- Laundry
- Y
Building & lot
- Type
- Condo Apartment, 1 Storey/Apt
- Age
- 31-50 years
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Storeys
- 9
- Exposure
- West
Parking
- Garage
- 2 car Underground
- Parking
- 2 spaces
- Locker
- Ensuite
Fees & taxes
- Condo fee
- $670/mo
- Fee includes
- water, parking
- Pets
- Yes-with Restrictions
- Property tax
- $3,034/yr (2025)
- Corporation
- MSCC 130
- Managed by
- Arnsby
Rooms
Main
- Loft
- 4.57 × 4.47 m
- Kitchen
- 4.31 × 3.25 m
- Laundry
- 3.25 × 1.98 m
- Primary Bedroom
- 3.86 × 3.55 m
- Dining Room
- 4.57 × 3.07 m
- Bedroom 2
- 3.55 × 2.76 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
79% confidence · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,722/mo all in
Monthly payment estimate
Land transfer tax$3,394 on closing
Ontario LTT
$3,394
First-time rebate
−$3,394
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times · asking price down 23% from the first ask · sold 1% below the final ask
Listed Jul 7, 2026
Listed Nov 23, 2023 · 8 days on market
Dec 1, 2023
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
8 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$435,000
1104 - 505 Talbot Street, London East
Sold$475,000
1102 - 19 KING Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in Hamilton Road
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.9% of asking.
Avg. sold price
$304,817
Sale-to-list ratio
95.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $83,000 household income
Minimum household income required
$83,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$1,885/mo median for 2 bed nearby
$1,885/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 86 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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