307 Ridout Street, London South

Price: $1,110,000

5 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13600920

Offering one of Old South's most recognizable century homes, ideally situated just steps from Wortley Village, downtown London and the Thames Valley Parkway. This beautifully maintained yellow brick residence blends timeless Victorian character with the comfort and convenience expected for modern living.Inside, you'll discover over 2,500 square feet of thoughtfully designed living space featuring soaring ceilings, elegant bay windows, stained glass accents, exposed brick, original woodwork and abundant natural light. The updated kitchen is both stylish and functional, offering granite countertops, quality cabinetry and ample workspace, while three full bathrooms, second-floor laundry and five generous bedrooms provide exceptional flexibility for growing families, multi-generational living, home offices or guest accommodations.The attached double garage, spacious mudroom and extensive driveway parking add everyday practicality rarely found in homes of this era. Outdoors, the iconic circular front porch, beautifully landscaped grounds and impressive two-storey sundeck create inviting spaces to relax or entertain.A rare offering in one of London's most sought-after neighbourhoods, this exceptional home combines remarkable craftsmanship, generous living space and an unbeatable location just moments from boutique shops, cafés, parks, excellent schools and all the charm of Wortley Village.

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$1,110,000 - 307 Ridout Street, London South

Detached for Sale in London South

92 days on market

Neighbourhood: South F

5Beds
3Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
X13600920
Property Type
Detached
Status
active
Days on Site
92
Bedrooms
5
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
London South
Lot Size
11,743 sqft
Taxes (2025)
$6,873
Listing Brokerage
EXP REALTY
Description

Offering one of Old South's most recognizable century homes, ideally situated just steps from Wortley Village, downtown London and the Thames Valley Parkway. This beautifully maintained yellow brick residence blends timeless Victorian character with the comfort and convenience expected for modern living.Inside, you'll discover over 2,500 square feet of thoughtfully designed living space featuring soaring ceilings, elegant bay windows, stained glass accents, exposed brick, original woodwork and abundant natural light. The updated kitchen is both stylish and functional, offering granite countertops, quality cabinetry and ample workspace, while three full bathrooms, second-floor laundry and five generous bedrooms provide exceptional flexibility for growing families, multi-generational living, home offices or guest accommodations.The attached double garage, spacious mudroom and extensive driveway parking add everyday practicality rarely found in homes of this era. Outdoors, the iconic circular front porch, beautifully landscaped grounds and impressive two-storey sundeck create inviting spaces to relax or entertain.A rare offering in one of London's most sought-after neighbourhoods, this exceptional home combines remarkable craftsmanship, generous living space and an unbeatable location just moments from boutique shops, cafés, parks, excellent schools and all the charm of Wortley Village.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,909.90/mo

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5%20%50%

5-yr fixed avg.

Principal: $888,000Interest: $584,971
Mortgage Amount$888,000
Total Interest$584,971
Est. Property Tax$786/mo
Total Cost$1,472,971

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South F

Discover South F

South F is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South F

  • •Convenient location in London South
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

South F offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

307 Ridout Street, London South

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$786
Insurance (est.)-$231
Net Cash Flow+$2,933

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $444/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 92 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London South.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About South F

I know South F well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    307 Ridout Street, London South | $1,110,000 | Battaglia Team