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$549,900

Est. $2,576/mo mortgage

3bd·2ba·1,100-1,500sqft

251 Ridout Street · London South, N6C 3Y5

MLS® X13779950

2 days on market

Listed Sep 14, 2026

Listing courtesy of Thrive Realty Group INC.·Updated 22 hours ago

Description

Offering exceptional value in the heart of Old South, this charming century home has been lovingly cared for and is ready for its next chapter. Blending timeless character with thoughtful modern updates, this 3-bedroom, 1.5-bathroom home is a perfect fit for a growing family or first-time buyers ready to plant roots. The main floor features upgraded engineered hardwood flooring, a welcoming living room with a wood-burning fireplace, formal dining area, and an updated galley-style kitchen designed for everyday living. Upstairs, original hardwood floors add to the home's historic charm, while all three bedrooms feature walk-in closets, a rare find in homes of this era. The partially finished lower level provides additional living space with a cozy family room, a powder room, separate laundry room, and plenty of storage. Outside, enjoy quiet mornings on the private front porch, a low-maintenance yard that gives you more time to relax and less time on upkeep, and the oversized detached 2.5-car garage, ideal as a home gym, workshop, or simply extra space rarely found in this sought-after neighbourhood. Located just steps from Wortley Village, South Secondary School, Wortley Road Public School, local shops, restaurants, parks, and downtown London, this home offers the lifestyle buyers dream about. With incredible value in one of London's most desirable pockets, this is your chance to secure a character-filled Old South home before someone else does.

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Property details

Interior

Interior
1100-1500 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Second, 1 × 2-piece on Basement
Basement
Development Potential, Full, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
100+ years
Lot size
33 × 122.87 ft
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2.5 car Detached
Driveway
Private (4 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$4,352/yr (2026)

Rooms

Main

Living Room
3.96 × 4.34 m
Foyer
3.92 × 2.41 m
Kitchen
2.69 × 3.62 m
Dining Room
3.68 × 3.63 m

Second

Bathroom, 4 pc bath, b/i vanity
2.11 × 2.27 m
Bedroom 3, Walk-In Closet(s)
2.99 × 3.01 m
Bedroom 2, Walk-In Closet(s)
4.26 × 2.63 m
Primary Bedroom, Walk-In Closet(s)
3.24 × 3.37 m

Basement

Family Room
3.5 × 6.07 m
Bathroom, 2 Pc Bath
0.76 × 1.46 m
Laundry
2.86 × 1.99 m
Other
2.86 × 5.56 m

AI property estimate

$568,420Estimate is ~3.4% above asking

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

$511,578$625,262

76% confidence · 40 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 paymentest. $3,272/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,576
Property tax$331
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,272
Land transfer tax$7,473 on closing

Ontario LTT

$7,473

First-time rebate

$4,000

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

Price & listing history

Listed 3 times · asking price down 4% from the first ask

$549,900

Listed Sep 14, 2026

On the market
$549,900 4%

Listed Jun 22, 2026 · 59 days on market

Taken off the market

Aug 20, 2026

$569,900

Listed May 20, 2026 · 33 days on market

Taken off the market

Jun 22, 2026

92 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

282 Cathcart Street, London SouthSold

$560,000

282 Cathcart Street, London South

3 bd·2 ba·1,100-1,500 sqft
104 - 25 Becher Street, London SouthSold

$810,000

104 - 25 Becher Street, London South

2 bd·3 ba·1,100-1,500 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

$643,467

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $135,000 household income

Minimum household income required

$135,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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