$1,799,900
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140 Ridout Street S, London South (south F), ON N6C3X6

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8 Beds
5 Baths
- Sq Ft

Rare opportunity to acquire a fully renovated, purpose-built five-unit apartment building in the highly sought-after Old South London neighbourhood, just minutes from Downtown, Victoria Hospital, and Wortley Village. This turnkey investment offers exceptional income potential with projected gross rents of approximately $10, 000/month and four vacant units, allowing investors to establish market rents immediately.The building features an excellent unit mix of three spacious two-bedroom apartments and two one-bedroom units, with potential to convert the one-bedroom suites into additional two-bedroom layouts for increased revenue. Extensive renovations have eliminated deferred maintenance and include a new roof (2021), eavestroughs (2023), windows (2025), exterior insulation upgrades, attic insulation upgraded to R60, and private balconies for each unit.All suites have been modernized with open-concept layouts, updated kitchens with quartz countertops, renovated bathrooms, stainless steel appliances, in-suite laundry, individual heat-pump split AC systems, and enhanced soundproofing. Major infrastructure upgrades include new plumbing, updated electrical wiring, 400-amp service, and separate hydro meters, allowing tenants to pay their own utilities. Safety features include 60-minute fire-rated doors and a basement sprinkler system.Additional amenities include private storage lockers, a fully paved rear parking area for over eight vehicles, and EV-charger-ready infrastructure. This low-maintenance, high-yield asset offers strong cash flow, long-term appreciation potential, and a premium multifamily investment opportunity in one of London's most desirable rental markets. (id:58753)

Listing By: SEAN ROLAND - CENTURY 21 PERCY FULTON LTD.
Source: CREA #X13243444 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13243444
  • Date Listed06/04/2026
  • Days on Realty 116 Days
  • Bedrooms 8
  • Bathrooms 5 baths
  • Lot Size -
  • Sewer Other
  • Property Type Other
  • Water Public

Interior Features

  • Cooling None
  • Heating Natural gas, Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

RIDOUT STREET SOUTH NEAR FERGUSON PLACE

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N6C3X6

Discover key demographics, population statistics, and environmental insights for the London South (south F), ON area.

Walkability in ON / N6C3X6

Source: Walk Score

67/100

Somewhat Walkable

Walk Score ®

55/100

Good Transit

Transit Score ®

88/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

12 nearby routes: 12 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 49/100, Bike Score: 59/100.

Points of Interest near 140 RIDOUT STREET S, London South (South F), ON N6C3X6

Frequently Asked Questions for 140 RIDOUT STREET S

Source: Realty.com

140 RIDOUT STREET S, London South (South F), ON N6C3X6 in London South (South F), ON N6C3X6 is a other listed at $1,799,900. Highlights include 8 bedrooms, 5 bathrooms. Realty.ca has 30 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 30 photos of 140 RIDOUT STREET S.

The full address for this home is 140 RIDOUT STREET S, London South (South F), ON N6C3X6.

140 RIDOUT STREET S has been listed on Realty.com since Thu June 04, 2026

Some errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 49/100, Bike Score: 59/100.

Listing provided courtesy of: CENTURY 21 PERCY FULTON LTD.
Listing agent: SEAN ROLAND

This content last refreshed on 2026-09-28 08:52:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.