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BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSX11889415
MLSIDContact Us
Property Description
Seller willing to hold a very favourable VTB for qualified buyers. Recently renovated duplex within a few minutes walk of famous Wortley Village. The entire main floor has been renovated into a 3 bedroom unit with one bathroom. Everything is brand new in this unit. New kitchen, bathroom, flooring, windows. The second floor has 2 good sized bedrooms, a den/office, 4 piece bathroom, eat in kitchen and a living room. Noise insulation added between the 2 units, Separate hydro meters. 4 car parking off Briscoe. Excellent opportunity to add to investment portfolio or live in the main unit and rent the upper unit to help pay down the mortgage. Walking distance to great schools and Wortley Village.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-19 | 2024-11-29 | 105 | $749,900 | - | Expired |
| 2022-09-28 | 2023-07-31 | 261 | $879,900 | - | Expired |
Property Features
Fenced Yard, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
40' x 115'
Fronting
West
Taxes
$4,968 (2023)
Basement
Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| 3rd Br | Main | 10.17' x 13.45' | |
| 2nd Br | Main | 10.83' x 12.76' | |
| Br | Main | 10.83' x 14.11' | |
| Sitting | Main | 6.73' x 13.45' | |
| Kitchen | Main | 11.48' x 13.45' | |
| Br | 2nd | 9.84' x 13.78' | |
| 2nd Br | 2nd | 10.17' x 14.11' | |
| Den | 2nd | 6.73' x 13.78' | |
| Kitchen | 2nd | 9.84' x 15.94' | |
| Family | 2nd | 12.80' x 16.73' |
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London Market Statistics
London Price Trend
241 Ridout St S is a 5-bedroom 2-bathroom home listed for sale at $749,900, which is $67,800 (8.3%) lower than the average sold price of $817,700 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 5 bedroom home in London increased by $220,367 (36.9%) compared to the previous 30 day period (October 19 - November 17) and down $57,200 (6.5%) from the same time one year ago.Inventory Change
There were 14 5-bedroom homes listed in London over the last 30 days (November 18 - December 17), which is up 7.7% compared with the previous 30 day period (October 19 - November 17) and up 180.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in London typically sold ($33,540) (4.1%) below asking price over the last 30 days (November 18 - December 17), which represents a $4,543 increase compared to the previous 30 day period (October 19 - November 17) and $0 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in London over the last 30 days (November 18 - December 17) stood at 71.4%, up from 46.2% over the previous 30 days (October 19 - November 17) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in London stood at 72 days when successfully sold over the last 30 days (November 18 - December 17), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Triland Realty
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