$599,000
London South
Times shown are local to the property.
239 Ridout Street South, London South (South G), Ontario, N6C3Y3
This 6-bedroom, 4-bathroom home in London South is for sale offering roughly 2,750 sq ft of space. Its $599,000 asking price sits right in line with the $619,900 median in London South. It has been on the market 14 days, fresher than the London South average of 35 days.
Unique Wortley opportunity with nearly 3,600 sq ft of finished space, flexible living options, and the chance to add tremendous value. Being offered with vacant possession and the ability to close quickly! Just an 8 minute walk to Wortley Village and close to coveted schools, this home features 3,570 sq. ft. of finished living space, a functional, flowing floor plan, 6 bedrooms, 3.5 bathrooms, ample storage, a spacious living room, formal dining room, and 3 distinct living areas, each with its own kitchen and full bathroom. A separate side entrance leads to the basement in-law suite. A dedicated spacious laundry room is located in the basement, with the ability for a future owner to easily add separate laundry to the other living spaces on the first and third levels. A distinctive scalloped slate roof adds character and curb appeal, while the detached single-car garage/workshop provides added flexibility and peace of mind. A standout feature is the private parking lane accommodating 5 vehicles, with room for 2 vehicles side-by-side at the front. Additional highlights include a kitchen pantry, powder room and large walk-in coat closet on the main level, 9 and 10-ft ceilings and renewed original flooring throughout, and a new on-demand water heater/boiler combination. Lovingly owned by the same family for five decades. R2-2 zoning provides plenty to explore, subject to municipal requirements and approvals. Being sold in "as-is, where-is" condition, as the owners do not reside at the property. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 35 days across the listings currently for sale in this city
This 6-bed single family in London South (South G) has been listed for 14 days, which is 21 days fresher than the city average of 35. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 7.9× the local median household income of $75,500.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6C)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.