330 Ridout St 2101

East K, London, N6C 3Z3
FOR SALE
$449,900
330 Ridout St 2101, London
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
330 Ridout St 2101
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
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Property Description
Luxury living in downtown London! This gorgeous move-in ready 1 bedroom condo is located in the highly desirable Renaissance II. Stepping into the condo you'll find a modern kitchen with sleek Granite countertops, stainless steel appliances, breakfast bar and loads of storage space that opens up to the cozy living room with fireplace and beautiful views of downtown. Separate dining area has access to the private balcony to enjoy morning coffees. Spacious primary bedroom with a walk-in closet; 4pc bath and convenient in-unit laundry. Additional features include neutral tones throughout; totally carpet-free; crown moulding and modern light fixtures. Not only is this an amazing condo but the building and amenities are also luxurious with a gym, theatre room, party room, terrace with putting green, community BBQ area with seating to enjoy, and a guest room. Steps to Budweiser Gardens for concerts and events, Covent Garden Market, plus restaurants, shopping, parks and trails are only a few minutes away. This is an excellent opportunity for first time buyers or for those who work downtown! Don't miss your chance to make this your new home.
Property Features
Arts Centre, Park, Public Transit, School
Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,194 (2023)
Basement
Apartment
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (P7)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain10.50' x 12.50'
LivingMain13.25' x 18.77'
DiningMain10.24' x 11.25'
Prim BdrmMain9.74' x 12.99'
London Market Statistics
London Price Trend
330 Ridout St 2101 is a 1-bedroom 1-bathroom condo listed for sale at $449,900, which is $124,734 (38.4%) higher than the average sold price of $325,166 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in London declined by $23,814 (6.8%) compared to the previous 30 day period (March 15 - April 13) and up $5,166 (1.6%) from the same time one year ago.
Inventory Change
There were 14 1-bedroom condos listed in London over the last 30 days (April 14 - May 13), which is up 27.3% compared with the previous 30 day period (March 15 - April 13) and up 250.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($8,088) (2.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,851 increase compared to the previous 30 day period (March 15 - April 13) and ($8,500) more 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 1-bedroom condos in London over the last 30 days (April 14 - May 13) stood at 64.3%, up from 45.5% over the previous 30 days (March 15 - April 13) and up from 25.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in London stood at 46 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 First Canadian Corp.
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