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Property Description
Charming 1-Bedroom Condo in Historic Wortley Village Boutique Building! Welcome to 49 Ridout Street S, a rare opportunity to own a stunning 1-bedroom condo in a boutique heritage building with only 7 exclusive residences. Originally built in 1872, this beautifully converted home blends historic charm with modern convenience in one of London's most sought-after neighborhoods, Wortley Village. Inside, you'll find gorgeous detailed hardwood floors, soaring 11ft ceilings, and large windows that bathe the space in natural light. The thoughtfully designed layout offers a warm and inviting atmosphere, perfect for professionals, downsizers, or anyone seeking character and charm in a vibrant urban setting. One of the true highlights of this home is your exclusive-use patio, perfect for relaxing outdoors, enjoying your morning coffee, or even creating your own garden oasis. Whether you love entertaining or simply unwinding in the fresh air, this private outdoor space is a rare find in condo living. Situated in an incredibly walkable location, you're just steps from Wortley Villages cafes, boutique shops, restaurants, and parks. This building is right next to the Thames Valley Parkway giving you direct access to extensive trail systems, great for cycling, walking or going for a run! With easy access to downtown and transit, this home offers the best of both worlds historic elegance with modern city living. Don't miss this rare chance to own a piece of London's history in an intimate, highly coveted building! Contact us today to book your private viewing..
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2015-12-16 | 2016-02-15 | 61 | $174,900 | - | Expired |
| 2015-10-15 | 2015-12-15 | 61 | $174,900 | - | Expired |
| 2015-08-14 | 2015-10-14 | 61 | $184,900 | - | Expired |
| 2018-01-31 | 2018-02-08 | 9 | $164,900 | $163,000 | Sold |
| 2016-05-25 | 2016-06-12 | 17 | $157,900 | $155,000 | Sold |
| 2013-06-07 | 2013-07-15 | 39 | $162,900 | $159,900 | Sold |
| 2006-06-30 | 2006-07-14 | 16 | $136,900 | $136,000 | Sold |
| 2005-10-04 | 2005-10-24 | 24 | $134,900 | $133,000 | Sold |
| 2015-06-08 | 2015-08-17 | 70 | $189,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt
Approximate Sq.Ft.
600-699
Taxes
$2,611 (2024)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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London Market Statistics
London Price Trend
49 ridout St S 2 is a 1-bedroom 1-bathroom condo listed for sale at $299,900, which is $5,733 (1.9%) lower than the average sold price of $305,633 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in London increased by $44,696 (17.1%) compared to the previous 30 day period (December 22 - January 20) and up $190,698 (165.9%) from the same time one year ago.Inventory Change
There were 23 1-bedroom condos listed in London over the last 30 days (January 21 - February 19), which is up 53.3% compared with the previous 30 day period (December 22 - January 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in London typically sold ($5,116) (1.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $19,740 increase compared to the previous 30 day period (December 22 - January 20) and ($2,394) 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 1-bedroom condos in London over the last 30 days (January 21 - February 19) stood at 26.1%, down from 106.7% over the previous 30 days (December 22 - January 20) and down from ∞ 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 39 days when successfully sold over the last 30 days (January 21 - February 19), compared to 89 days before being removed from the market upon being suspended or terminated.Listing contracted with Nu-Vista Premiere Realty Inc.
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