Loading neighbourhood intel…

$285K · 2 bed Condo Apartment · South F, London South | MyPropertyScout

$284,900

Unit 3

26 DOM

2226d

Map

DOM 26

$284,900

C●●○○○DOM26days

Unit 3

49 Ridout Street · London South · Ontario N6C 3W8

MLS® X13243708 · South F · N6C 3W8

22OwnerOccupied1000-1199 ft²Condo ApartmentNone26d$259/ft²$3,034 tax/yrBuilt 1916110 yrs old

2% above market · regional est. · 26 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Set the heart of Wortley Village, just steps from shops, cafes, parks, and everyday amenities, this beautifully updated and spacious main-floor 2-bedroom, 1.5-bath residence is sure to impress. As an added incentive: the seller is offering to cover 100% of condo fees for 3 years, credited to the buyer, paid upfront at closing. This incentive significantly reduces monthly carrying costs, further enhancing the exceptional value offered by this truly unique home. The fully renovated kitchen feature…

Reserved · coming next

MyPropertyScout exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →

Property details

MLS#: X13243708
Status: Conditionally Sold
Beds: 2
Baths: 2 full, 0 half
Size: 1000-1199
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 561
Balcony: Terrace
Locker: None
Fees include: Water Included, Parking Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 2 total
Heating: Water
Heating fuel: Gas
Cooling: Window Unit(s)
Fireplaces: —
Waterfront: No
Exterior: Stucco (Plaster) · Controlled Entry, Patio, Landscaped
Fronting on: —
Cross street: Ridout St S and Craig St
Basement: None
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Primary Bedroom - Main Floor, Water Heater
Parking features: Reserved/Assigned

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: LONDON LIVING REAL ESTATE LTD.

Source: TRREB/PROPTX · MLS® X13243708

Do you own a home in London South?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$285K

Unit 3 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $284,900✓ $3,034 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,940/mo

incl. closing costs (yr 1)

Annual total

$47,286

year 1

Mortgage only

$1,081/mo

principal + interest

Beyond mortgage

$2,172/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$56,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$253/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$2,849/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$104/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$2,749

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)27% $12,970/yr

Property taxes12% $5,783/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance6% $2,849/yr

Condo fees32% $15,024/yr

Closing costs11% $5,100/yr

Mortgage is 27% of your true cost of ownership. The other 73% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$12,970	$1,081/mo
Government & taxes
Property tax	$3,034	$253/mo
Land transfer tax(closing)	$2,749	$229/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$2,849	$237/mo
Condo fees
Condo / HOA fees	$15,024	$1,252/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$47,286	$3,940/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

Unit 3

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs