$414,900 - 330 Ridout Street Unit 801, London East
Condo for Sale in London East
50 days on market- MLS Number
- X13062622
- Property Type
- Condo
- Status
- active
- Days on Site
- 50
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to Unit 801 at 330 Ridout Street North, an impressive 8th floor suite in the highly sought after Renaissance II by Tricar. This north facing 1 bedroom, 1 bathroom condo offers 1014 sq ft of thoughtfully designed living space with an open concept layout filled with natural light throughout. Step inside through the tiled foyer, where you'll find convenient in suite laundry & a well appointed 4 piece bath featuring a granite topped vanity & tiled tub surround. From here, the unit opens into a spacious living, dining, & kitchen area designed for both everyday comfort & entertaining. The bright white kitchen is complete with granite countertops, stainless steel appliances, subway tile backsplash, under cabinet lighting, ample cabinet & counter space, & a breakfast bar with seating for four. The combined living & dining area features engineered hardwood flooring & oversized windows that flood the space with natural light while overlooking the beautifully landscaped rooftop terrace. A cozy electric fireplace serves as a focal point, adding warmth & ambiance. Just off the main space is a versatile nook, ideal for a home office or guest area with a Murphy bed setup, with direct access to the private balcony. The primary bedroom offers dual access through sliding doors or from the hallway, along with a spacious walk in closet providing excellent storage. Residents enjoy exceptional amenities including a rooftop terrace with putting green, fire pits, BBQ area, & multiple lounge & seating spaces. Indoor amenities include a fitness centre, games & events room with pool table & bar area, theatre room, library, & guest suite accommodations. This unit includes one parking space on P7. Ideally located in the heart of downtown London, just minutes to restaurants, shopping, parks, Western University, & major hospitals. Condo fees of $464.61 per month include heat & water, with only personal hydro remaining. Note: some images contain virtual staging.
Estimate your monthly payments for this property
Estimated Payment
$2,128.65/mo
Includes CMHC insurance ($11,576)
5-yr fixed avg.
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.
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
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.
330 Ridout Street Unit 801, London East
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $415/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.
Negotiation Opportunity
At 50 days on site, this property has exceeded the typical selling timeline for London East. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.