5-49 Ridout St
South F, London South, Ontario N6C 3W8
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1,000–1,199sq ft
- Per sq ft
- $259at the range’s middle
- Tax a year
- $3,0182025 tax year
- Parking
- 2none
- Days on market
- Members
The brief
About 5-49 Ridout St
5-49 Ridout St is a 2-bedroom, 1-bathroom condo in South F, London South, listed for sale at an asking price of $284,900 (MLS® X12665808).
Welcome to 49 Ridout Street S, an exceptional opportunity to own a spacious and character-rich 2-bedroom condo in a boutique heritage building comprised of just seven exclusive residences. Originally constructed in 1872, this beautifully converted second-level home seamlessly combines historic charm with modern-day comfort, all in the heart of Wortley Village, one of London's most walkable and sought-after neighbourhoods. Inside, you'll find a generous eat-in kitchen, ideal for everyday meals, entertaining, or enjoying time cooking at home. The expansive living room offers ample space to relax or host guests and is enhanced by oversized windows that bring in abundant natural light while showcasing the original wood shutters with some functional louvres-a rare and charming feature. Both bedrooms are well sized and versatile, easily accommodating a guest room, home office, or creative workspace. A standout feature of this condo is the large sunroom, a bright and tranquil space perfect for plants, yoga, painting, reading, or simply enjoying a quiet moment with a cup of tea. With 9.5-foot ceilings, detailed hardwood floors, and an abundance of windows throughout, the home offers a warm, elegant atmosphere filled with character. Located directly beside the Thames Valley Parkway, residents enjoy immediate access to scenic trails for walking, running, and cycling. You're also just steps from the shops, cafés, and restaurants that define Wortley Village, with convenient access to downtown and public transit. This is a rare chance to own a truly unique home in a historic and highly coveted building. Contact us today to arrange your private showing.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall23/100−$1,047/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 homes with 2 bedrooms for lease in South F right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,018 / 2025
- MLS® number
- X12665808
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- None, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Community
- South F
- Municipality
- London South
Building
- Size
- 1000-1199 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Cooling
- Window Unit
- Heating Type
- Radiant
Additional
- Roof
- Asphalt Shingle
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- Refrigerator, Stove, Dish Washer, Portable AC Unit
- Condo maint.
- $1,296
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.67 × 2.9 m | — | Main |
| Br | 3.5 × 4.75 m | — | Main |
| Bathroom | 1.6 × 2.414 m | — | Main |
| 2nd Br | 7.11 × 2.54 m | — | Main |
| Living | 4.98 × 4.2 m | — | Main |
Listing history
Buy/sell history for 5-49 Ridout St, London South, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $284,900 | N/A | Pc | X12665808 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $56,980
- Total mortgage amount
- $227,920
- Total interest payment
- $162,080
- Total purchase cost
- $446,980
- Mortgage payment
- $1,300/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
84%Monthly carrying cost
$2,847- Rent $1,800
- Shortfall $1,047
Rental income opens at $1,800, the median asking rent of 9 comparable homes for lease in South F. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $2,749
- Total land transfer tax
- $2,749
- First-time buyer rebates (Ontario up to $4,000)
- −$2,749
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $284,900
- $524
- Ontario total
- $2,749
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 m11 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 8.8 m.250 m
- Groundwater recorded about 11.6 m below ground nearbyThe middle water level in the well records within 500 m (66 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.3 km9.3 km
Province of Ontario open data
Around the home2
- Nearest rail line: 530 m530 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Labatt Brewing Company Ltd, 300 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Martin Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 600 m | 73%Grade 6 average |
| Wortley Road Public SchoolThames Valley DSB | Public · grades JK–8 | 900 m | 74%Grade 6 average |
| Victoria Public SchoolThames Valley DSB | Public · grades JK–8 | 900 m | 31%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 2.6 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London South Collegiate InstituteThames Valley DSB | Public · grades 9–12 · French Immersion | 900 m | 49%Grade 9 math |
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.6 km | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.7 km | 57%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 4.8 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in South F are shown to signed-in members.