Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchAll Ontario CitiesBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesCompareAI ConciergeFranchise

Company

AboutWhy SummitlyContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    905-553-8500
    HomeBuySell
    For sale Listed 2 days ago

    Unit 302 — 549 Ridout Street N

    ·London East, ON··

    • 2 beds
    London East real estate›X13601674
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Major renovations & remodeling cost approx.. $90,000 in this stunning, bright, fully renovated and remodeled open concept larger suite (1255 sq ft.). 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. 2 bedroom + den, stunning kitchen with top of the line white cabinets, Cambri (Quartz) ft 6.10 X ft 3.1 Island (perfect for entertaining) and expensive Stainless-steel appliances opening to large great room (living + dining room combo) with large windows, unique built-in (cabinet, fireplace, & TV). Master with beautiful ensuite (double sink, glassed 4 ft shower install, and rain shower), walk-in closet with built-ins. 2nd 4-piece bathroom freshly designed. Laundry (Storage) with built in quality cabinets. Quality laminated flooring, newer light fixtures, pot lights all thru the unit, wide baseboards, light switches, and radiators, and brand-new Shades ($3500). Prime parking spot on 1st level. 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 # 7. The corporation is financially strong with no loans, and all amenities are fully paid for.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 24, 2026ListedCurrentFor sale$389,900 —X13601674This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Baseboard
      Air conditioning
      Wall Unit(s)
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 302 — 549 Ridout Street N
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    • Level
    • Park
    • Ravine
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,915
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $258
    0.80% mill rate · ON
    The market

    How this home sits in the London East market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London East market right now

    Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.

    • Avg sold price
      $464,284
      Last 30 days
    • Median sold price
      $460,000
      Middle of the market
    • Days on market
      34 d
      Avg from list to close
    • Closed last 30d
      378
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 302 — 549 Ridout Street N — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 302 — 549 Ridout Street N and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 302 — 549 Ridout Street N listed for?

      Unit 302 — 549 Ridout Street N is listed at $389,900 on the MLS® (listing X13601674). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 302 — 549 Ridout Street N have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 1200-1399 sqft
  3. Condo Apartment
  4. Built 31-50
  5. Asking
    $389,900
    $0 / sqft · MLS® X13601674
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $338,927
    $311,813Confidence range$366,042
    Asking vs estimate
    ↑↑well-above
    +$50,973
    (+15.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London East sell in about 34 days — this one has been listed 2 days.

    Avg sold price
    $464,284
    Median sold
    $460,000
    Avg days on market
    34
    Recently sold
    378
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Major renovations & remodeling cost approx.. $90,000 in this stunning, bright, fully renovated and remodeled open concept larger suite (1255 sq ft.).
    • Master with beautiful ensuite (double sink, glassed 4 ft shower install, and rain shower), walk-in closet with built-ins. 2nd 4-piece bathroom freshly designed.
    • Prime parking spot on 1st level.
    • Unit Parking space # 7.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
  7. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    5
    Laundry level
    Main Level
  8. Exterior & construction

    6
    Exterior
    Brick
    Roof
    Asphalt Rolled
    Foundation
    Concrete
    View
    Downtown
    Patio
    None
    Balcony
    None
  9. Lot & land

    2
    Year built
    31-50
    Zoning
    R10-3
  10. Listing & possession

    3
    Occupancy
    30 Days
    Property style
    1 Storey/Apt
    Property class
    Condo Apartment
  11. Room-by-room · 7 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Bedroom 2
      10.6 × 8.4 ft
    • Laundry
      9.0 × 6.8 ft
    • Foyer
      12.0 × 5.6 ft
    • Primary Bedroom
      15.3 × 9.6 ft
    • Den
      12.0 × 9.2 ft
    • Great Room
      23.5 × 14.1 ft
    • Kitchen
      10.0 × 7.3 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $670
    per month
    Maintenance fee includes
    • Water
    Building details
    • Unit2
    • Storeys (building)3
    • ExposureEast
    • LockerNone
    • Parking typeUnderground, Reserved/Assigned
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpMCC
    • Corp #130
    • Property managerArnsby
    Building amenities
    • Elevator
    • Exercise Room
    • Party Room/Meeting Room
    Combined estimate
    $2,173
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,915
    /mo
    based on the purchase price of $389,900
    $77,980 cash
    $311,920 financed
    $262,719 total interest
    Monthly payment$1,915/ month
    Principal54%$311,920
    Interest46%$262,719

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in London East

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 330 Ridout Street
      Sold
      Sign in for price
      330 Ridout Street
      Condo Apartment
    • 1235 Richmond Street
      Sold
      Sign in for price
      1235 Richmond Street
      Condo Apartment
    • 650 Cheapside Street
      Sold
      Sign in for price
      650 Cheapside Street
      Condo Apartment
    • 573 MORNINGTON Avenue
      Sold
      Sign in for price
      573 MORNINGTON Avenue
      Condo Apartment
    • 389 Dundas Street
      Sold
      Sign in for price
      389 Dundas Street
      Condo Apartment
    • 363 Colborne Street
      Sold
      Sign in for price
      363 Colborne Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 302 — 549 Ridout Street NThis home2 / 212,001,399$389,900ask———
    330 Ridout Street2 / 21,600—
    1235 Richmond Street2 / 2900—
    Sold prices are hidden under TRREB rules. to reveal them.

    More condo apartments in London East

    Active listings within ±20% of this asking price.

    • 280 Queens Avenue
      $329,900
      280 Queens Avenue
      Condo Apartment 2 2
    • 330 RIDOUT Street
      $329,900
      330 RIDOUT Street
      Condo Apartment 1 1
    • 626 First Street
      $345,600
      626 First Street
      Condo Apartment 3 2
    • 695 Richmond Street
      $350,000
      695 Richmond Street
      Condo Apartment 2 2
    • 695 Richmond Street
      $349,000
      695 Richmond Street
      Condo Apartment 2 2
    • 250 Pall Mall Street
      $430,500
      250 Pall Mall Street
      Condo Apartment 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of RE/MAX CENTRE CITY REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 302 — 549 Ridout Street N is a 2-bedroom, 2-bath, 1200-1399 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was Unit 302 — 549 Ridout Street N built?

    Unit 302 — 549 Ridout Street N was built in 31-50. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  17. What is the property tax for Unit 302 — 549 Ridout Street N?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 302 — 549 Ridout Street N plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on Unit 302 — 549 Ridout Street N?

    The affordability calculator on this page shows an estimated monthly mortgage for $389,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has Unit 302 — 549 Ridout Street N been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 302 — 549 Ridout Street N with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is Unit 302 — 549 Ridout Street N in?

    Unit 302 — 549 Ridout Street N is in East F, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.

  21. Is London East a good place to live?

    London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  22. 650 Cheapside Street
    2 / 1
    900
    —
    573 MORNINGTON Avenue1 / 1600—
    389 Dundas Street3 / 21,200—
    363 Colborne Street1 / 1800—