330 Ridout Street Unit 1705, London East

Price: $349,000

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X13430368

Welcome to Unit 1705 at 330 Ridout Street North in London, Ontario-an impressive 17th-floor residence in the highly sought-after Renaissance II by Tricar. This south-facing 1-bedroom plus den, 1 bathroom suite offers 835 square feet of thoughtfully designed living space, featuring a bright, open-concept layout filled with natural light.The modern white kitchen features granite countertops, newer stainless steel appliances, ample cabinetry, generous counter space, and a breakfast bar that comfortably seats three. The open living and dining area flows seamlessly into the spacious primary bedroom, which has a large walk-in closet offering excellent storage.Residents enjoy access to exceptional amenities, including a rooftop terrace with a putting green, fire pits, BBQ area, and multiple lounge spaces. Indoor amenities feature a fully equipped fitness centre, a games and event room with a pool table and bar, a theatre room, a library, and guest suite accommodations.This unit includes one parking space (P7). Ideally situated in the heart of downtown London, you are just minutes from restaurants, shopping, parks, Western University, and major hospitals. Condo fees include heat and water; only personal hydro is an additional expense. A compelling combination of view, lifestyle, and value.

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$349,000 - 330 Ridout Street Unit 1705, London East

Condo for Sale in London East

Popular Listing
1Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
X13430368
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
London East
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

Welcome to Unit 1705 at 330 Ridout Street North in London, Ontario-an impressive 17th-floor residence in the highly sought-after Renaissance II by Tricar. This south-facing 1-bedroom plus den, 1 bathroom suite offers 835 square feet of thoughtfully designed living space, featuring a bright, open-concept layout filled with natural light.The modern white kitchen features granite countertops, newer stainless steel appliances, ample cabinetry, generous counter space, and a breakfast bar that comfortably seats three. The open living and dining area flows seamlessly into the spacious primary bedroom, which has a large walk-in closet offering excellent storage.Residents enjoy access to exceptional amenities, including a rooftop terrace with a putting green, fire pits, BBQ area, and multiple lounge spaces. Indoor amenities feature a fully equipped fitness centre, a games and event room with a pool table and bar, a theatre room, a library, and guest suite accommodations.This unit includes one parking space (P7). Ideally situated in the heart of downtown London, you are just minutes from restaurants, shopping, parks, Western University, and major hospitals. Condo fees include heat and water; only personal hydro is an additional expense. A compelling combination of view, lifestyle, and value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,790.55/mo

Includes CMHC insurance ($9,737)

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5-yr fixed avg.

Principal: $314,100Interest: $213,328
Mortgage Amount$323,837
Total Interest$213,328
Est. Property Tax$247/mo
Total Cost$537,165

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London East

Discover London East

London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London East

  • Convenient location in London East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

330 Ridout Street Unit 1705, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$520
Property Tax (est.)-$247
Insurance (est.)-$73
Net Cash Flow+$960

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $436/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    330 Ridout Street Unit 1705, London East | $349,000 | Battaglia Team