$499,900
Est. $2,342/mo mortgage
324 Ridout Street · London South, N6C 3Z3
MLS® X13817694
Listed Sep 23, 2026
Listing courtesy of Century 21 First Canadian Corp·Updated 7 hours ago
Description
YOUR OWN PRIVATE GREENSPACE IN OLD SOUTH! Located in the sought-after Wortley Village area, this 2-storey duplex offers an exciting opportunity for first-time home buyers, young professionals, empty nesters, and investors. Featuring a charming facade, inviting covered front porch, five parking spaces, a rare extra-deep backyard measuring almost 400 feet deep, previously used as a tennis court, and a workshop, this property offers an exceptional amount of outdoor space. Whether you're looking to create a comfortable home or take on a rewarding investment project, this property provides plenty of room to make it your own. Enjoy the convenience of being close to shopping, restaurants, parks, public transportation, and hospitals, while being part of the vibrant Wortley Village community.
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Property details
Interior
- Size
- 2000-2500 sqft
- Rooms
- 12 rooms · 2 kitchens
- Bathrooms
- 1 × 4-piece on Main, 1 × 4-piece on Second
- Basement
- Unfinished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Duplex, 2-Storey
- Age
- 100+ years
- Lot size
- 44 × 387 ft
- Exterior
- Other
- Foundation
- Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Driveway
- Private (5 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $6,085/yr (2025)
Rooms
Main
- Kitchen
- 4.09 × 3.38 m
- Primary Bedroom
- 4.14 × 2.95 m
- Bathroom, 4 Pc Bath
- 1.37 × 2.01 m
- Living Room
- 4.04 × 4.32 m
- Bedroom
- 3.25 × 2.31 m
- Family Room
- 3.63 × 4.04 m
Second
- Bathroom, 4 Pc Bath
- 1.5 × 4.22 m
- Primary Bedroom
- 2.49 × 4.22 m
- Bedroom
- 4.09 × 2.24 m
- Living Room
- 4.04 × 5.41 m
- Kitchen
- 4.09 × 2.21 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
77% confidence · 25 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon South, ON
Mid-south residential area built around Highland Country Club with well-maintained homes.
Monthly paymentest. $2,997/mo all in
Monthly payment estimate
Land transfer tax$6,473 on closing
Ontario LTT
$6,473
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 Sep 23, 2026
Sold comparables nearby
Sold$620,000
5 Edward Street, London South
Sold$500,000
193 Clarence Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London South
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.4% of asking.
Avg. sold price
$520,833
Sale-to-list ratio
94.4%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $124,000 household income
Minimum household income required
$124,000
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 →Rental market$2,800/mo median for 4 bed nearby
$2,800/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 8 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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