$579,900

For sale

#2304 330 Ridout Street North, London East (East K) - Single Family for Sale

#2304 330 Ridout Street North, London East (East K), Ontario, N6A0A7

2 beds2 baths2 parking1,500 ft²$691/mo condo feeListed 64 days ago

Overview

This 2-bedroom, 2-bathroom condo in London East is for sale offering roughly 1,500 sq ft of space. It has been on the market 64 days, fresher than the London East average of 87 days.

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Description

Please tour this exciting executive condo overlooking Thames Park and Ivey Park. Two bedrooms, two baths, and a den, plus a living room, dining room and kitchen with an island. 1549 sq ft of refined space. Open-concept living at its best in the heart of downtown. There are two owned parking spots with this unit, and many amenities in the building: rooftop lounge area with fireplace, exercise area, theatre room, huge party/gathering room with a pool table, a library, and two guest suites that can be booked for your out-of-town guests. The unit has high-quality finishes like granite countertops, oversized moldings, hardwood floors, and tile in the wet areas. If lifestyle and convenience are important to you, I believe we have your next address. Photos are from a previous listing. The two owned parking spots are numbers 16 and 20 on level 4. (id:66096)

Property Details

MLS®: X13739444
Property Type: Single Family
Zoning: B-7*T-48,DA1(8)*D350*H90
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,500 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $691/mo
Fee Includes: Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,588.23/yr

Rooms

Main level

Dining room: 3.66 x 3.35 meters
Bedroom: 4.11 x 3.51 meters
Laundry room: 2.44 x 2.44 meters
Living room: 7.01 x 6.48 meters
Kitchen: 3.66 x 2.44 meters
Primary Bedroom: 4.27 x 3.96 meters
Den: 3.05 x 2.82 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Tile, Hardwood
Foundation: Concrete
Exterior: Concrete
Lot Features: Backs on greenbelt, Flat site, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

London East (East K) listings, avg age

87d

Price / ft²

$387

List price

$580K

Haho

This 2-bed single family in London East (East K) has been listed for 64 days, which is 23 days fresher than the city average of 87. Act while there is still low competition.

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Listed by SUTTON GROUP PREFERRED REALTY INC. · WARREN SHANTZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6A)

This home lists at $579,900, about 9.5× the local median household income of $61,200.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income: $61,200
Population: 13,810
Median age: 34
Owner / renter: 29% / 71%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N6A)

$579,900· $387/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$549/mo

Condo fee$691/mo

Total monthly$4,272

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$8,073

Est. closing costs$4,240

Total cash needed$45,303

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