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307 Ridout Street

London South, N6C 3Y9·MLS® X13600920·

Listing courtesy of Exp Realty·Updated 2 hours ago

For sale
1 / 39
5Beds
3Baths
2,500-3,000Sqft
100+Year Built

Listing price

$1,149,000

Est. $5,472/mo

Days on market

1

Listed Jul 24, 2026

Description

Offering one of Old South's most recognizable century homes, ideally situated just steps from Wortley Village, downtown London and the Thames Valley Parkway. This beautifully maintained yellow brick residence blends timeless Victorian character with the comfort and convenience expected for modern living.Inside, you'll discover over 2,500 square feet of thoughtfully designed living space featuring soaring ceilings, elegant bay windows, stained glass accents, exposed brick, original woodwork and abundant natural light. The updated kitchen is both stylish and functional, offering granite countertops, quality cabinetry and ample workspace, while three full bathrooms, second-floor laundry and five generous bedrooms provide exceptional flexibility for growing families, multi-generational living, home offices or guest accommodations.The attached double garage, spacious mudroom and extensive driveway parking add everyday practicality rarely found in homes of this era. Outdoors, the iconic circular front porch, beautifully landscaped grounds and impressive two-storey sundeck create inviting spaces to relax or entertain.A rare offering in one of London's most sought-after neighbourhoods, this exceptional home combines remarkable craftsmanship, generous living space and an unbeatable location just moments from boutique shops, cafés, parks, excellent schools and all the charm of Wortley Village.

Property details

Garage

2 car Attached

Basement

Full, Unfinished

Parking

8 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$896,080~22.0% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$686,082$1,172,673

68% 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)$5,472
Property tax$1,245
Insurance (est.)$239
Utilities (est.)$250
Total monthly$7,206

Land transfer tax

Ontario LTT

$19,455

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 24, 2026Listed
$1,149,000

Sold comparables nearby

76 High Street, London SouthSold

$545,000

76 High Street, London South

5 bd·2 ba·1,500-2,000 sqft
39 Gerrard Street, London SouthSold

$640,000

39 Gerrard Street, London South

4 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · South F

Buyer's marketBalancedSeller's market

Avg. sold price

$590,817

Sale-to-list ratio

96.1%

Based on 6 recent comparable sales near this home.

Investment analysis

Est. monthly rent

$4,596

Rental yield

4.8%

Est. cash flow

-$2,610

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

$270,230

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

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AI estimate

$896,080

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colinabbot@gmail.com

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