$369,900 - 549 Ridout Street Unit 903, London East
Condo for Sale in London East
42 days on market- MLS Number
- X13102074
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- London East
- Locker
- Ensuite
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Rare Opportunity with Million Dollar View! Watch the sunset, seasons changing, geese and aspires flying over the river, from this cozy 2 bedroom, 2 bath corner unit on the 9th floor. The suite has a stunning unmatchable view of Harris Park, forks of Thames River and downtown. Enjoy a large great room (Living & dining combo) with wood burning fireplace with marble surrounding, spacious eat-in kitchen, large master with 3 piece ensuite, in-suite laundry and storage combination. NOTE: This is one of the few suites that has 2 of the most prime parking spots next to each other on 2nd-level by elevator; and a forced air heating and cooling system. The building is mostly owner occupied (retired seniors, young professionals), and has gone through some major renovations in the last 12 years. The building is one of the very few condo high rises in London with security cameras on all floors, underground parking, front and back patios. List of renos are quality windows in 2022, newer roof, elevators, underground parking, remodeled, elegant lobby with soaring ceilings, fireplace, and designer furniture, carpeting & wallpaper, art work on all floors, plus major landscaping, rebuilding retainer walls, and newer boardwalk, some added accessibility features all have been done in the last 12 years. There is an exercise room, and party room with kitchen, and there are 2 patios with patio sets, that overlook Harris park for relaxation and enjoyment of residents. The area is seeing large investments. The Harris Park restoration was completed in 2025 with new look outs, fishing area etc. (which is behind the building). The corporation is financially strong. All amenities and renos have been all paid for. Don't miss this opportunity to live in one of Downtown's most vibrant neighborhoods.
Estimate your monthly payments for this property
Estimated Payment
$1,897.78/mo
Includes CMHC insurance ($10,320)
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.
549 Ridout Street Unit 903, London East
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $370/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.
Market Position
At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.