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Unit 406 at Wortley Villas

Sold

89 Ridout Street S 406, London South, ON N6C 3X2

MLS #X9509775

$477,000

Sold on December 9, 2024

December 9, 2024

Originally listed at $479,000 20 days on market

About This Property

Discover one of the rare condo opportunities within walking distance of Londons vibrant Old South, known for its charming atmosphere and walkability. Stroll through renowned Wortley Village to grab a coffee at a local cafe, explore its unique shops, pick up your groceries, or unwind at one of the nearby pubs or restaurants in the evening. This bright and open-concept 2-bedroom plus den, 2-bathroom unit offers the perfect blend of style and convenience with no neighbours above. Step into a welcoming foyer with a closet. The spacious kitchen features ample crisp white cabinets, a large island with a breakfast bar, quartz countertops and stainless steel appliances, flowing seamlessly into the dining area and living room. From here, enjoy sliding door access to your private balcony with a sleek glass railing perfect for watching the sunset. The main bathroom offers a quartz-topped vanity and a tiled tub surround. The two generous bedrooms include a primary bedroom with a 3-piece ensuite, featuring a stylish tiled shower with a glass enclosure and a quartz vanity. The den, with its elegant double glass doors, adds versatility for an office or guest space. On-trend flooring enhances the main living areas, and the in-suite laundry adds convenience. This prime location keeps you close to downtown London, Thames Park, the Thames River, 40 km of scenic Thames Valley Parkway trails, playgrounds, schools, and lively festivals at Harris and Victoria Parks. Enjoy a relaxed lifestyle with endless amenities at your fingertips!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($536/mo) and property tax ($4,405/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$368/sqft
South F
$265/sqft+38.7%
London South
$324/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1300 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1200-1399 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeReserved/Assigned
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-858
MLS Size1200-1399
Listed OnOct 23, 2024
Maintenance Fees$536/month
Property Tax$4,405/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Main)5.77 x 3.218.9 x 10.5-
Living Room(Main)5.09 x 3.8816.7 x 12.7-
Primary Bedroom(Main)4.24 x 3.4413.9 x 11.3-
Bedroom(Main)3.7 x 3.112.1 x 10.2-
Laundry(Main)2.38 x 1.147.8 x 3.7-
Office(Main)3.06 x 3.0110.0 x 9.9-

Room Dimensions Available

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Price History

Original List Price

$479,000

Listed on Oct 23, 2024

Sold Price

$477,000

Sold on Dec 9, 2024

-$2,000

-0.4%

20 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameWortley Villas
Address89 Ridout Street, London South
Parking TypeReserved/Assigned

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About Unit 406 at Wortley Villas

Unit 406 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1200-1399 square feet located at Wortley Villas, 89 Ridout Street, London South. This unit is currently sold (sold for $477K).

About Wortley Villas

Wortley Villas is located at 89 Ridout Street, London South. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

South F Neighbourhood

This unit is located in South F, part of London South in the Middlesex area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Wortley Villas, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 406 Wortley Villas London South

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