239 Ridout Street · London, N6C 3Y3
MLS® X14110858
Listed Oct 23, 2026
Listing courtesy of Sutton Group - Select Realty INC.·Listing last changed 3 days ago
Key facts
- Property type
- Detached
- Square footage
- 2,500-3,000 sqft
- Lot size
- 40.27 × 122.75 ft · < 0.50 acres
- Parking
- 5 spaces
- Property tax
- $6,622/yr (2025)
Description
Unique opportunities like this rarely come to market in desirable Wortley, 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 in-law suite. 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. 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.
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Property details
Interior
- Size
- 2,500-3,000 sqft
- Bedrooms
- 5 above grade, 1 lower level
- 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
Building & lot
- Type
- Detached, 2 1/2 Storey
- Lot size
- 40.27 × 122.75 ft · < 0.50 acres
- Exterior
- Brick
- Foundation
- Concrete Block, Stone
- Roof
- Slate
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Detached
- Driveway
- Private, Lane (4 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $6,622/yr (2025)
Rooms
Main
- Living Room
- 4.84 × 7.75 m
- Dining Room
- 4.31 × 4.83 m
- Kitchen
- 2.87 × 3.09 m
Second
- Bedroom
- 3.8 × 3.91 m
- Bedroom
- 3.19 × 3.87 m
- Bedroom
- 3.16 × 3.87 m
- Bedroom
- 3.5 × 3.91 m
Third
- Kitchen
- 4.34 × 2.17 m
Lower
- Recreation
- 3.46 × 6.3 m
- Kitchen
- 3.94 × 3.04 m
- Laundry
- 3.79 × 2.48 m
Estimated value range
$569K to $629K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Location & neighbourhood
DirectionsLondon South, ON
Established neighbourhood with character homes and walkable local businesses south of downtown.
Schools nearbyclosest is Wortley Road Public School, 330 m
Elementary
- 6.8
Wortley Road Public School
330 m · Grades JK-8
Thames Valley District School Board
- 6.9
Tecumseh Public School
460 m · Grades JK-8
Thames Valley District School Board
- 7.5
St Martin Separate School
590 m · Grades JK-8
London District Catholic School Board
Secondary
- 4.2
London South Collegiate Institute
340 m · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
2.2 km · Grades 9-12
London District Catholic School Board
G A Wheable Secondary School
2.2 km · Grades 9-12
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $3,733/mo all in
Monthly payment estimate
Land transfer tax$8,455 on closing
Ontario LTT
$8,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 23, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold603 Commissioners Road, London South
Sold7 Edwin Drive, London South
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 93.5% of asking.
Avg. sold price
$818,667
Sale-to-list ratio
93.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $153,000 household income
Minimum household income required
$153,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
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