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Homes for Sale in London, Ontario

322 Ridout Street

London South, N6C 3Z3·MLS® X13574484·

Listing courtesy of Housesigma INC.·Updated 3 hours ago

For sale
1 / 46
2Beds
2Baths
1,500-2,000Sqft
51-99Year Built

Listing price

$599,900

Est. $2,857/mo

Days on market

2

Listed Jul 16, 2026

Description

Live just steps from the shops, restaurants, parks, and highly rated schools of London's sought after Wortley Village. This well maintained home is a fantastic opportunity to get into one of London's most desirable neighbourhoods while enjoying separate living and dining rooms, an additional family room on the main level, numerous updates, a large backyard, and a versatile detached storage building with excellent workshop potential.The main floor features a bright living room, a separate dining room, an updated kitchen, a convenient 2 piece bathroom, an enclosed entry-way sunroom, and a spacious rear family room that could also serve as a home office, playroom, or additional entertaining space. Upstairs, you'll find two generously sized bedrooms with excellent closet space and a full 4 piece bathroom. The unfinished attic offers potential for future development, subject to all required approvals. Step outside to enjoy the large deck and spacious fenced backyard, perfect for entertaining, family gatherings, or relaxing evenings. The detached storage building offers plenty of storage today while also providing excellent workshop potential. The basement adds even more valuable storage space.If you've been looking for an affordable home in one of London's most walkable and sought after neighbourhoods, this is one you won't want to miss. Book your private showing today!

Property details

Basement

Unfinished

Parking

3 spaces

Type

Detached — 2 1/2 Storey

Heating

Forced Air

AI property estimate

$740,385Above Market
$545,000$861,538

78% confidence · 25 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Highland

London South, ON

Mid-south residential area built around Highland Country Club with well-maintained homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,857
Property tax$650
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,882

Land transfer tax

Ontario LTT

$8,473

First-time rebate

$4,000

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

Price & listing history

Jul 16, 2026Listed
$599,900

Sold comparables nearby

226 Grand Avenue, London SouthSold

$415,000

226 Grand Avenue, London South

2 bd·1 ba·700-1,100 sqft
62 TECUMSEH Avenue, London SouthSold

$450,000

62 TECUMSEH Avenue, London South

2 bd·1 ba·< 700 sqft

See all 10 comparables

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Market conditions · South G

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

$2,400

Rental yield

4.8%

Est. cash flow

-$1,482

Cap rate

3.3%

Best time to sell

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

Affordability

Minimum household income required

$145,577

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

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AI estimate

$740,385

Above Market

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