Skip to content

239 Ridout Street

London South, N6C 3Y3·MLS® X13769370

Listing courtesy of Sutton Group - Select Realty·Updated 14 hours ago

Listing price

$699,000

Est. $3,329/mo

Days on market

2

Listed Sep 10, 2026

For sale
1 / 48
5bd·4ba·2,500-3,000sqft

Description

Unique opportunities like this rarely come to market in desirable Old South, especially those offering flexible living options, income potential to help offset mortgage costs, and the chance to add tremendous value. Being offered with vacant possession and the ability to close quickly! Just an 8 minute walk to Wortley Village and close to coveted schools, this home features 3,570 sq. ft. of finished living space, a functional, flowing floor plan, 6 bedrooms, 3.5 bathrooms, ample storage, a spacious living room, formal dining room, and 3 distinct living areas, each with its own kitchen and full bathroom. A separate side entrance leads to the basement suite, offering ADU (additional dwelling unit) and income potential. A dedicated spacious laundry room is located in the basement, with the ability for a future owner to easily add separate laundry to the other living spaces on the first and third levels. A distinctive scalloped slate roof adds character and curb appeal, while the detached single-car garage/workshop provides added flexibility and peace of mind. A standout feature is the private parking lane accommodating 5 vehicles, with room for 2 vehicles side-by-side at the front. Additional highlights include a kitchen pantry, powder room and large walk-in coat closet on the main level, 9 and 10-ft ceilings and renewed original flooring throughout, and a new on-demand water heater/boiler combination. Lovingly owned by the same family for five decades, this piece of Old South history was used as their cherished family residence before transitioning into a dependable rental property for the last 20+ years. R2-2 zoning provides plenty to explore, subject to municipal requirements and approvals. Being sold in "as-is, where-is" condition, as the owners do not reside at the property.

Read more ›

Property details

Type
Detached, 2 1/2 Storey
Lot size
40.27 × 122.75 ft · < .50 acres
Interior
2500-3000 sqft
Rooms
20 rooms · 3 kitchens
Bathrooms
1 × 4-piece on Third, 1 × 4-piece on Second, 1 × 3-piece on Lower, 1 × 2-piece on Main
Basement
Finished, Full, Separate Entrance
Heating
Baseboard
Cooling
None
Exterior
Brick
Foundation
Concrete Block, Stone
Roof
Slate
Water & sewer
Sewer
Garage
1 car Detached
Driveway
Private, Lane (4 spaces)
Parking
5 spaces
Property tax
$6,622/yr (2026)

Rooms

Main

Living Room
4.84 × 7.75 m
Foyer
1.23 × 2.19 m
Dining Room
4.31 × 4.83 m
Kitchen
2.87 × 3.09 m

Second

Bedroom
3.19 × 3.87 m
Bedroom
3.5 × 3.91 m
Bedroom
3.16 × 3.87 m
Bedroom
3.8 × 3.91 m

Third

Kitchen
4.34 × 2.17 m

Lower

Laundry
3.79 × 2.48 m
Kitchen
3.94 × 3.04 m
Recreation
3.46 × 6.3 m

AI property estimate

$907,008Estimate is ~29.8% above asking

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

$816,307$997,709

72% confidence · 26 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 paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,329
Property tax$757
Insurance (est.)$146
Utilities (est.)$250
Total monthly$4,482
Land transfer taxOne-time, on closing

Ontario LTT

$10,455

First-time rebate

$4,000

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

Price & listing history

$699,000

Listed Sep 10, 2026

On the market

Sold comparables nearby

36 ADELAIDE Street, London SouthSold

$305,000

36 ADELAIDE Street, London South

5 bd·2 ba·1,500-2,000 sqft
445 RIDOUT Street, London SouthSold

$825,000

445 RIDOUT Street, London South

4 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsLondon South · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$786,946

Sale-to-list ratio

99.3%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$181,000

Based on 20% down, a 7.24% qualifying rate (the 5.24% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin

Similar Listings

Own a home in London South?

Find out what it's worth.

Get your free valuation →

AI estimate

$907,008

Priced below estimate
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

Message Colin about this home

By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.

Get notified about similar homes

New detached listings in South G.