Homes for Sale in London, Ontario
322 Ridout Street
London South, N6C 3Z3·MLS® X13574484·
Listing courtesy of Housesigma INC.·Updated 3 hours ago
Listing price
$599,900
Est. $2,857/mo
Days on market
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
78% confidence · 25 sold homes within 2 km, by price per sq ft
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
$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
Sold comparables nearby
Sold$415,000
226 Grand Avenue, London South
Sold$450,000
62 TECUMSEH Avenue, London South
See all 10 comparables
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Market conditions · South G
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
Affordability
Minimum household income required
$145,577
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$740,385
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