302 - 549 RIDOUT STREET N, London East (East F)

$359,900

For sale: Apartment

Apartment at 302 - 549 RIDOUT STREET N, London East (East F)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,399 sqft
MLS®
MLS® X13601674
Neighbourhood
East F

Major renovations & remodeling cost approx.. $90,000 in this stunning, bright, fully renovated and remodeled open concept larger suite (1255 sq ft.). Ideally located in the heart of Downtown-steps to trendy restaurants, the Grand Theatre, Covent Garden Market, Budweiser Gardens, and scenic walking/biking paths along the Thames River. The area is seeing millions in new investment, including luxury high rises, amenities, and the Harris Park Shoreline Restoration completed in 2025 with new lookouts, fishing spots, and boat launch areas. 2 bedroom + den, stunning kitchen with top of the line white cabinets, Cambri (Quartz) ft 6.10 X ft 3.1 Island (perfect for entertaining) and expensive Stainless-steel appliances opening to large great room (living + dining room combo) with large windows, unique built-in (cabinet, fireplace, & TV). Master with beautiful ensuite (double sink, glassed 4 ft shower install, and rain shower), walk-in closet with built-ins. 2nd 4-piece bathroom freshly designed. Laundry (Storage) with built in quality cabinets. Quality laminated flooring, newer light fixtures, pot lights all thru the unit, wide baseboards, light switches, and radiators, and brand-new Shades ($3500). Prime parking spot on 1st level. The building is approximately 80% owner occupied (retired seniors and young professionals) and has undergone significant upgrades within last 12 years: an elegant rebuilt foyer with fireplace, designer furnishings, newer carpeting and wallpaper, updated lighting and hardware, artwork on every floor, renovated elevators, newer roof, underground parking membrane, refreshed party room, extensive landscaping, and comprehensive security cameras throughout. Some additional accessibility improvements have also been done. Plus, attractive high-quality windows were installed in 2022, followed by new back boardwalk and patio doors in 2023. Unit Parking space # 7. The corporation is financially strong with no loans, and all amenities are fully paid for.

Sold data

Apartment homes in London East (East F) — recent sold market

Apartment homes in London East (East F) took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, across 113 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 70 days.

The median sale price was $294,900.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$294,900
Sale-to-list ratio
96.2%
Sold above asking
11%

Based on 113 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East F)

London East (East F) 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 East (East F)

  • 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 302 - 549 RIDOUT STREET N