$700,000 - 352 Ridout Street Unit 3, London South
Condo for Sale in London South
New — Listed 5 days agoNeighbourhood: South G
- MLS Number
- X13507928
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- KELLER WILLIAMS LIFESTYLES
Rarely available and tucked away in a quaint, private enclave of just eight executive style condos, this unique complex in the heart of Old South offers an exceptional opportunity just steps from the shops, restaurants, and charm of Wortley Village. Built in 2013, this beautifully finished 2 bedroom, 2.5 bath home blends timeless elegance with modern convenience across three fully finished levels. Enjoy the welcoming front porch, beautifully landscaped gardens, and an attached garage before stepping inside to discover quality finishes throughout, including hardwood flooring, stone countertops, large Pella windows, and an abundance of natural light. The open-concept main floor features a beautifully updated kitchen with an enlarged island designed to comfortably seat six, eliminating the need for a traditional dining table while creating the perfect space for everyday living and entertaining. The inviting living room and versatile main-floor bedroom complete the level. Upstairs, retreat to the impressive primary suite featuring a walk-in closet, a luxurious 4-piece ensuite, and office nook. The fully finished lower level adds valuable living space with a spacious family room, organized storage, and a convenient 2-piece bath. Opportunities to own in this intimate eight unit development are exceptionally rare, don't miss your chance to enjoy low maintenance living in one of London's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,591.36/mo
Includes CMHC insurance ($19,530)
5-yr fixed avg.
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.
Discover South G
South G 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 G
- •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
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 G 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.
352 Ridout Street Unit 3, London South
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $583/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.
Just Listed - Act Strategically
This property hit the market within the last week. In London South's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 G
I know South G 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.
Investment Perspective
Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.