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For Sale

549 RIDOUT Street N 203 #203

East F, London East, ON
$319,900
2Bd
2Ba
1,100+sqft
1Parking
$291/sqft
CondoMLS# X12842792Listed 2026-03-0447 DOM

On the market for 47 days — longer than average. The seller may be open to negotiation.

About this home

Experience exceptional urban living at The Blackfriars, ideally located in the heart of Downtown-steps to trendy restaurants, the Grand Theatre, Covent Garden Market, Budweiser Gardens, and scenic walking/biking paths along the Thames River. The area is seeing millions in new investment, including luxury high rises, amenities, and the Harris Park Shoreline Restoration completed in 2025 with new lookouts, fishing spots, and boat launch areas. This charming 2-bedroom, 2-bathroom suite has been owner occupied and lovingly maintained for 23 years. Enjoy a spacious eat in kitchen, large living and dining rooms, in suite laundry with storage, eating area off the kitchen can easily function as a den. The suite offers nice views of Harris Park and the Thames River, combining comfort, practicality, and remarkable scenery. The building is approximately 80% owner occupied (retired seniors and young professionals) and has undergone significant upgrades within last 12 years: an elegant rebuilt foyer with fireplace, designer furnishings, newer carpeting and wallpaper, updated lighting and hardware, artwork on every floor, renovated elevators, newer roof, underground parking membrane, refreshed party room, extensive landscaping, and comprehensive security cameras throughout. Some additional accessibility improvements have also been done. Plus attractive high quality windows were installed in 2022, followed by new back boardwalk and patio doors in 2023. Unit Parking space: #55.The corporation is financially strong with no loans, and all amenities are fully paid for. Wall mounted air conditioning (slave), is not window air condition. Don't miss this opportunity to live in one of Downtown's most vibrant, fast growing neighbourhoods!

RenovatedFireplace

Rooms

Main Floor
Living Room4.57 × 4.47 m
Dining Room4.57 × 3.10 m
Primary Bedroom3.86 × 3.56 m
Bedroom3.56 × 2.79 m
Kitchen4.32 × 3.25 m

Features

  • None
  • Backs On Green Belt
  • Lighting
  • Other

Financials

Annual Taxes
$2,883

Estimated Rental Income

Entire property$2,600 – $3,500/mo
Rental yield9.8% – 13.1%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — London East

Days on market47 days
Buyer's MarketSeller's Market

Based on active listings in London East. Data updates daily.

Our estimate for this home

Priced 61.4% below estimate
Estimated range
$767K$891K
Mid-point $829K · ~$754/sqft
How this listing compares
$767KList · $320K$891K
High confidence·Based on 9116 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$319,900
549 RIDOUT Street N 203, London East
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