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Price Change$919,000

255 Ridgewood Crescent

South D, London South

$898,000

Detached|Bungalow
2 | 2 | 14
About this home

Larger than it looks! If you've ever dreamed of owning a country property within the city, this is your opportunity. Situated on approximately 2.62 acres in the sought-after Southcrest neighbourhood, this unique property offers privacy, greenspace, and room to breathe while remaining close to all city amenities. This well-maintained bungalow offers significantly more living space than you might expect thanks to a thoughtfully designed addition. The addition features a spacious kitchen with granite countertops, hardwood flooring, abundant natural light, and views overlooking the oversized deck and surrounding greenspace. It also includes a versatile hot tub room (originally designed as a bedroom with skylight and direct deck access), a 3-piece bathroom with walk-in shower, plus a convenient mudroom and storage area with access from the attached garage. The original portion of the home offers a generous living room with gas fireplace insert and large picture window, a formal dining room that was previously a bedroom (original doorway remains and could potentially be converted back), a spacious primary bedroom that easily accommodates a king-sized bed, an additional bedroom with original hardwood flooring, and a 4-piece main bath with soaker tub. Outside, you'll find an attached oversized 2-car garage plus an impressive detached 3.5-car garage/workshop (approximately 1025 sq. ft., built in 2017) featuring a 554sqft loft and three electrical panels, ideal for hobbyists, tradespeople, car enthusiasts, or additional storage needs. A walkway provides direct access into the surrounding greenspace, further enhancing the property's country-like feel. The basement has been professionally waterproofed(warranty transferrable) with a sump pump installed (2023). The space is currently unfinished and offers excellent workshop and storage potential. If you've been searching for a country property without giving up the convenience of city living, this is the one for you!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,929
Lot Size89.32 ft x 597.97 ft
mls© NumberX13461868
Listed ByTHRIVE REALTY GROUP INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,596
Property tax
$661
Heat allowance
$150
Housing costs
$5,407 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,600
25-yr amortization

Income needed

$166,000

gross annual household income

Payment at 4%
$3,779 / mo
Cash down
$179,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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