549 Ridout Street #903 · London, N6A 5N5
MLS® X14120150
Listing courtesy of Re/max Centre City Realty INC.·Listing last changed 2 hours ago
Key facts
- Property type
- Condo apt
- Square footage
- 1,000-1,199 sqft
- Storeys
- 1
- Age
- 31-50 years
- Parking
- 2 spaces
- Property tax
- $3,034/yr (2025)
Description
Unique building, unique location! Rare Opportunity with Million Dollar View! Watch the sunset, seasons changing, geese and aspires flying over the river, from this cozy 2 bedroom, 2 bath corner unit on the 9th floor. The suite has a stunning unmatchable view of Harris Park, forks of Thames River and downtown. Enjoy a large great room (Living & dining combo) with wood burning fireplace with marble surrounding, spacious eat-in kitchen, large master with 3 piece ensuite, in-suite laundry and storage combination. NOTE: This is one of the few suites that has 2 of the most prime parking spots next to each other on 2nd-level by elevator; and a forced air heating and cooling system. The building is mostly owner occupied (retired seniors, young professionals), and has gone through some major renovations in the last 12 years. The building is one of the very few condo high rises in London with security cameras on all floors, underground parking, front and back patios. List of renos are quality windows in 2022, newer roof, elevators, underground parking, remodeled, elegant lobby with soaring ceilings, fireplace, and designer furniture, carpeting & wallpaper, art work on all floors, plus major landscaping, rebuilding retainer walls, and newer boardwalk, some added accessibility features all have been done in the last 12 years. There is an exercise room, and party room with kitchen, and there are 2 patios with patio sets, that overlook Harris park for relaxation and enjoyment of residents. The area is seeing large investments. The Harris Park restoration was started in 2025 and continues in 2026 with new look outs, fishing area etc. (which is behind the building). The corporation is financially strong. All amenities and renos have been all paid for. Don't miss this opportunity to live in one of Downtown's most vibrant neighborhoods.
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Property details
Interior
- Size
- 1,000-1,199 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 3-piece on Main
- Basement
- None
- Heating
- Forced Air
- Cooling
- Central Air
- Ensuite laundry
- Yes
Building & lot
- Type
- Condo apt, 1 Storey/Apt
- Age
- 31-50 years
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Storeys
- 1
- Exposure
- West
Parking
- Garage
- 2 car Underground
- Parking
- 2 spaces
- Locker
- Ensuite
Fees & taxes
- Condo fee
- $670/mo
- Fee includes
- water, parking
- Pets
- Yes, with restrictions
- Property tax
- $3,034/yr (2025)
- Corporation
- MSCC 130
- Managed by
- Arnsby
Rooms
Main
- Primary Bedroom
- 3.86 × 3.55 m
- Loft
- 4.57 × 4.47 m
- Dining Room
- 4.57 × 3.07 m
- Laundry
- 3.25 × 1.98 m
- Bedroom 2
- 3.55 × 2.76 m
- Kitchen
- 4.31 × 3.25 m
Estimated value range
$285K to $315K
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.
Schools nearbyclosest is Jeanne-Sauvé Public School, 790 m
Elementary
- 7.1
Jeanne-Sauvé Public School
790 m · Grades JK-8
Thames Valley District School Board
- 7.8
Woodfield French Immersion Public School
1.4 km · Grades JK-8
Thames Valley District School Board
- 8.0
St Georges Public School
1.5 km · Grades JK-8
Thames Valley District School Board
Secondary
- 8.0
London Central Secondary School
950 m · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
1.3 km · Grades 9-12
London District Catholic School Board
- 5.3
H B Beal Secondary School
1.7 km · Grades 9-12
Thames Valley District School Board
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. $2,640/mo all in
Monthly payment estimate
Land transfer tax$2,974 on closing
Ontario LTT
$2,974
First-time rebate
−$2,974
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times · asking price down 29% from the first ask
Listed yesterday
Listed Nov 23, 2023 · 8 days on market
Dec 1, 2023
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
8 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold403 - 570 William Street, London East
Sold1902 - 330 Ridout Street, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.3% of asking.
Avg. sold price
$300,167
Sale-to-list ratio
96.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $79,000 household income
Minimum household income required
$79,000
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.
Not sure about financing? Ask Colin →Rental market$1,900/mo median for 2 bed nearby
$1,900/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 81 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.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc.
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Colin Abbot, Broker, Westwood Realty Team
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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