549 RIDOUT Street #203
London East, N6A 5N5·MLS® X13683734
Listing courtesy of Re/max Centre City Realty INC.·Updated 3 hours ago
Listing price
$279,900
Est. $1,333/mo
Days on market
Listed Aug 17, 2026
Description
Experience urban living at The Blackfriars, ideally located in the heart of Downtown-steps to trendy restaurants, the Grand Theatre, Covent Garden Market, Budweiser Gardens, and scenic walking/biking paths along the Thames River. The area is seeing millions in new investment, including luxury high rises, amenities, and the Harris Park Shoreline Restoration completed in 2025 with new lookouts, fishing spots, and boat launch areas. This charming 2-bedroom, 2-bathroom suite has been owner occupied and lovingly maintained for 23 years. Enjoy a spacious eat in kitchen, large living and dining rooms, in suite laundry with storage, eating area off the kitchen can easily function as a den. The suite offers nice views of Harris Park and the Thames River, combining comfort, practicality, and remarkable scenery. The building is approximately 80% owner occupied (retired seniors and young professionals) and has undergone significant upgrades within last 12 years: an elegant rebuilt foyer with fireplace, designer furnishings, newer carpeting and wallpaper, updated lighting and hardware, artwork on every floor, renovated elevators, newer roof, underground parking membrane, refreshed party room, extensive landscaping, and comprehensive security cameras throughout. Some additional accessibility improvements have also been done. Plus attractive high quality windows were installed in 2022, followed by new back boardwalk and patio doors in 2023. Unit Parking space: #55.The corporation is financially strong with no loans, and all amenities are fully paid for. Wall mounted air conditioning (slave), is not window air condition. Don't miss this opportunity to live in one of Downtown's most vibrant, fast growing neighbourhoods!
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Property details
- Garage
- 1 car Underground
- Basement
- None
- Parking
- 1 spaces
- Type
- Condo Apartment — Other
- Heating
- Baseboard
- Property tax
- $2,883/yr (2025)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
69% confidence · 14 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly paymentMortgage, tax and fees
Monthly payment estimate
Land transfer taxOne-time, on closing
Ontario LTT
$2,674
First-time rebate
−$2,674
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 3 times · asking price down 13% from the first ask
Listed Aug 17, 2026
Listed Jun 24, 2026
Listed Mar 4, 2026 · 112 days on market
Jun 24, 2026
112 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$250,000
1207 - 380 King Street, London East
Sold$490,000
1308 - 505 TALBOT Street, London East
See what these 6 homes sold for
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Market conditionsHamilton Road · last 90 days
Avg. sold price
$405,833
Sale-to-list ratio
95.5%
Based on 6 recent comparable sales near this home.
AffordabilityWhat income this home needs
Minimum household income required
$72,912
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$376,318
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colin@searchlondonhomes.com
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