239 RIDOUT STREET S, London South (South G)

$699,000

For sale: Detached

Detached at 239 RIDOUT STREET S, London South (South G)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 4 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13769370
Neighbourhood
South G

Unique opportunities like this rarely come to market in desirable Old South, especially those offering flexible living options, income potential to help offset mortgage costs, 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 suite, offering ADU (additional dwelling unit) and income potential. 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, this piece of Old South history was used as their cherished family residence before transitioning into a dependable rental property for the last 20+ years. 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.

Sold data

Detached homes in London South (South G) — recent sold market

Detached homes in London South (South G) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 793 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $639,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$639,900
Sale-to-list ratio
97.4%
Sold above asking
15%

Based on 793 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South G)

London South (South G) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London South (South G)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 239 RIDOUT STREET S