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Listed 2 months ago

322 Ridout Street S

South G, London South

$599,900

Detached|2-Storey
2 | 2 | 3
About this home

Live just steps from the shops, restaurants, parks, and highly rated schools of London's sought after Wortley Village. This well maintained home is a fantastic opportunity to get into one of London's most desirable neighbourhoods while enjoying separate living and dining rooms, an additional family room on the main level, numerous updates, a large backyard, and a versatile detached storage building with excellent workshop potential.The main floor features a bright living room, a separate dining room, an updated kitchen, a convenient 2 piece bathroom, an enclosed entry-way sunroom, and a spacious rear family room that could also serve as a home office, playroom, or additional entertaining space. Upstairs, you'll find two generously sized bedrooms with excellent closet space and a full 4 piece bathroom. The unfinished attic offers potential for future development, subject to all required approvals. Step outside to enjoy the large deck and spacious fenced backyard, perfect for entertaining, family gatherings, or relaxing evenings. The detached storage building offers plenty of storage today while also providing excellent workshop potential. The basement adds even more valuable storage space.If you've been looking for an affordable home in one of London's most walkable and sought after neighbourhoods, this is one you won't want to miss. Book your private showing today!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,593
Lot Size41.37 ft x 140.78 ft
mls© NumberX13574484
Listed ByHOUSESIGMA 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%
$3,071
Property tax
$383
Heat allowance
$150
Housing costs
$3,603 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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