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Unit 2 at 49 Ridout

Sold

49 ridout Street S 2, London South, ON N6C 3W8

MLS #X11971633

$280,000

Sold on March 31, 2025

March 31, 2025

Originally listed at $299,900 29 days on market

About This Property

Charming 1-Bedroom Condo in Historic Wortley Village Boutique Building! Welcome to 49 Ridout Street S, a rare opportunity to own a stunning 1-bedroom condo in a boutique heritage building with only 7 exclusive residences. Originally built in 1872, this beautifully converted home blends historic charm with modern convenience in one of London's most sought-after neighborhoods, Wortley Village. Inside, you'll find gorgeous detailed hardwood floors, soaring 11ft ceilings, and large windows that bathe the space in natural light. The thoughtfully designed layout offers a warm and inviting atmosphere, perfect for professionals, downsizers, or anyone seeking character and charm in a vibrant urban setting. One of the true highlights of this home is your exclusive-use patio, perfect for relaxing outdoors, enjoying your morning coffee, or even creating your own garden oasis. Whether you love entertaining or simply unwinding in the fresh air, this private outdoor space is a rare find in condo living. Situated in an incredibly walkable location, you're just steps from Wortley Villages cafes, boutique shops, restaurants, and parks. This building is right next to the Thames Valley Parkway giving you direct access to extensive trail systems, great for cycling, walking or going for a run! With easy access to downtown and transit, this home offers the best of both worlds historic elegance with modern city living. Don't miss this rare chance to own a piece of London's history in an intimate, highly coveted building! Contact us today to book your private viewing..

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($833/mo) and property tax ($2,611/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$461/sqft
South F
$265/sqft+73.7%
London South
$324/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeReserved/Assigned
LockerNo
Heating TypeRadiant
Style1 Storey/Apt
Ensuite LaundryNo
Corp #TSCC-561
MLS Size600-699
Listed OnFeb 12, 2025
Maintenance Fees$833/month
Property Tax$2,611/year

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Price History

Original List Price

$299,900

Listed on Feb 12, 2025

Sold Price

$280,000

Sold on Mar 31, 2025

-$19,900

-6.6%

29 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building Name49 Ridout
Address49 Ridout Street S, London South
Parking TypeReserved/Assigned

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About Unit 2 at 49 Ridout

Unit 2 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 600-699 square feet located at 49 Ridout, 49 Ridout Street S, London South. This unit is currently sold (sold for $280K).

About 49 Ridout

49 Ridout is located at 49 Ridout Street S, London South. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

South F Neighbourhood

This unit is located in South F, part of London South in the Middlesex area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 49 Ridout, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 2 49 Ridout London South

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