- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $273at the range’s middle
- Tax a year
- $3,0342025 tax year
- Built
- 31-50
- Parking
- 22 underground
- Days on market
- Members
The brief
About 903-549 Ridout St
903-549 Ridout St is a 2-bedroom, 2-bathroom condo in East F, London East, listed for sale at an asking price of $299,900 (MLS® X14120150).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even59/100−$17/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 10 condos with 2 bedrooms for lease in East 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
- $3,034 / 2025
- MLS® number
- X14120150
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 31-50
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Community
- East F
- Municipality
- London East
Building
- Size
- 1000-1199 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Stove, Fridge, Dishwasher, Washer & Dryer, Hot Water Heater
- Condo maint.
- $670
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Loft | 4.47 × 4.57 m | — | Main |
| Dining | 3.07 × 4.57 m | — | Main |
| Kitchen | 3.25 × 4.31 m | — | Main |
| Primary | 3.55 × 3.86 m | — | Main |
| 2nd Br | 2.76 × 3.55 m | — | Main |
| Laundry | 1.98 × 3.25 m | — | Main |
Listing history
Buy/sell history for 903-549 Ridout St, London East, 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 | $299,900 | N/A | For Sale | X14120150 |
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
- $59,980
- Total mortgage amount
- $239,920
- Total interest payment
- $170,780
- Total purchase cost
- $470,680
- Mortgage payment
- $1,369/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
21%Monthly carrying cost
$2,292- Rent $2,275
- Shortfall $17
Rental income opens at $2,275, the median asking rent of 10 comparable homes for lease in East 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
- $2,974
- Total land transfer tax
- $2,974
- First-time buyer rebates (Ontario up to $4,000)
- −$2,974
- 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 $299,900
- $749
- Ontario total
- $2,974
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
- No water-supply well recorded within 250 m21 test or monitoring holes also recorded.250 m
- Groundwater recorded about 5.8 m below ground nearbyThe middle water level in the well records within 500 m (78 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: 8.9 km8.9 km
Province of Ontario open data
Around the home2
- Nearest rail line: 810 m810 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
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Labatt Brewing Company Ltd, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 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
Condos for sale in East F right now
- For sale now
- 35
- Median asking price
- $325K
- New in 7 days
- 3
- Price cuts
- 37%
Middle half: $299K to $475K
13 in 28 days
13 listings
This home is asking 8% below the median.
See all homes in East FAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Jeanne-Sauvé Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 800 m | 82%Grade 6 average |
| Woodfield French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 1.4 km | 77%Grade 6 average |
| St Martin Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.9 km | 73%Grade 6 average |
| École élémentaire catholique Frère AndréConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 3.2 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1 km | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.3 km | 57%Grade 9 math |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.7 km | 56%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 3.8 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 East F are shown to signed-in members.