$699,999 - 352 Ridout Street Unit 6, London South
Condo for Sale in London South
New — Listed yesterdayNeighbourhood: South G
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- MLS Number
- X14111592
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- London South
- Taxes (2026)
- $5,993
- Maintenance Fees
- $440/mo
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- THRIVE REALTY GROUP INC.
This is an exceptionally rare opportunity available in the heart of London's Old South, steps from the charm of Wortley Village. Nestled in an exclusive enclave of distinct condominium residences, this is a beautifully appointed 2+1 bedroom townhouse condo. It offers sophisticated design, quality craftsmanship and maintenance-free living. Impeccably maintained, this stunning home offers over 2,000 sq. ft. of living space. It showcases impressive upgraded features of crown moulding throughout the 2 main floors, Hunter Douglas blinds, custom draperies and custom basement library shelving. The lower level offers two large storage rooms, unique to this condo, and a second-floor custom reading loft. Desirable extras in the kitchen are an appliance garage, spice rack and quartz countertops. Premium Pella windows, oversized casings and baseboards, and 8-foot ceiling height reflect meticulous attention to detail. Additional versatile living space and a third bedroom are perfect for guests or a home office. Private, secluded front and back porches (for BBQing), and a phantom screen enhance the exterior. A sliding barn door cleverly hides a surprise guest suite with laundry and a built-in shoe rack. New light fixtures throughout are elegant and distinct. This is truly an opportunity to own a home in one of Ontario's most celebrated 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 6, London South
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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 $500/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. The $440/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.