Looking for a comfortable home with a fantastic shop and room for your toys or small business? This 3-bedroom, 1-bath home is a great opportunity for first-time buyers, with all of the major updates already taken care of. Inside, you'll find an eat-in kitchen and convenient main-floor laundry. A recent addition provides more living space, including a large primary bedroom with direct access to the rear deck. The private backyard is perfect for hosting friends and family or simply relaxing outdoors. Updates in 2022 include the HVAC system, windows, doors, on-demand water heater, steel roof and insulation, giving you a great head start on homeownership.The impressive 24' x 32' heated shop is ready for your next project, complete with 100-amp hydro and epoxy-coated concrete floors. Enjoy a dream man cave with a pool table and beer fridge included, plus plenty of parking outside for your boat or RV. Conveniently located just 3 minutes from Highway 401 and 9 minutes from Port Glasgow Marina, this property offers a great combination of home, workspace and recreation!
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $426 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 266 Ridout St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
10 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
10
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
266 Ridout St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14125742$469,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 266 Ridout St Compares to the West Elgin Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,304
/mo
based on the purchase price of $469,000
$93,800 cash
$375,200 financed
$316,017 total interest
Principal54%$375,200
Interest46%$316,017
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in West Elgin
Other 2–3 bed homes for sale in West Elgin around $469K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio95.1%On average, homes sold below asking.
Active listings55Homes for sale here right now.
Median vs prior 90 days+10.6%Compared with May 1 – Jul 30, 2026: prices up.
Based on 29 sales from Jul 30 – Oct 28, 2026 (22 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 266 Ridout St
How much is 266 Ridout St listed for?
266 Ridout St is listed at $469,000 (MLS® X14125742). Summitly updates the price as soon as the MLS® record changes.
Is $469,000 a good price for 266 Ridout St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in West Elgin. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 266 Ridout St changed?
No — 266 Ridout St is still listed at its original asking price of $469,000.
How many bedrooms and bathrooms does 266 Ridout St have?
266 Ridout St has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in West Elgin.
How much would the monthly mortgage be on 266 Ridout St?
About $2,304 a month — principal and interest on $469,000 with 20% down ($93,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 266 Ridout St compare with other homes in West Elgin?
Its asking price of $469,000 is about 5% above the median sold price in West Elgin over the last 90 days, $445,000, across 29 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 266 Ridout St been sold before?
Summitly has no earlier MLS® sale or lease of 266 Ridout St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 266 Ridout St?
266 Ridout St is in West Elgin, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 266 Ridout St been on the market?
266 Ridout St was listed today (October 28, 2026).
What is the price per square foot of 266 Ridout St?
About $313 to $426 per square foot: the asking price of $469,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 266 Ridout St have parking or a garage?
Yes — the listing gives 10 parking spaces. Garage: Yes.
Does 266 Ridout St have a basement, and is it finished?
The listing describes the basement as: Unfinished.
