42.9704° N · 81.2475° W — South F, London South — MLS® #X13243444
140 RIDOUT St
$1,799,900
South F, London South, Ontario N6C 3X6
- 8
- BedroomsBeds
- 5
- BathroomsBaths
- 2500-3000 sqft2500-3000
- SizeSq ft
- 47.17 x 147.13 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
140 RIDOUT St is an 8-bedroom, 5-bathroom multiplex in South F, London South, listed for sale at an asking price of $1,799,900 (MLS® X13243444).
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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
83Good
Condition score
5 documented update signals
Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $6,969 / 2025
- MLS® number
- X13243444
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Building Age
- 51-99
- Time on market
- Size
- 2500-3000 sqft
- Lot Size
- 47.17 x 147.13 ft
- Listed on
- Parking
- None, 6 Parking
Listing history
Listing activity for 140 RIDOUT St, London South, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,799,900 | N/A | For Sale | X13243444 |
Inside
Room by room
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- South F
- Municipality
- London South
Building
- Size
- 2500-3000 sqft
- Building Age
- 51-99
- Construction
- Other
Inside
- Bedrooms
- 8
- Bathrooms
- 5
- Bathroom Details
- 5 × 4pc
- Basement Type
- Walk-Out
- Kitchens
- 5
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 6
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Other
Land
- Sewer
- Sewers
- Frontage
- 47.17 ft
- Depth
- 147.13 ft
- Lot Size
- 47.17 x 147.13 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 9.4 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 1 test or monitoring hole also recorded.
- npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is Labatt Brewing Company Ltd, 670 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by London Hydro Inc.
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 50 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Upper Thames River Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 6,940 sq ft645 m²
- Street frontage
- 47.17 ft14.4 m
- Depth
- 147.13 ft44.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. The record does not state the unit of its frontage and depth; feet is the board’s default. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land transfer tax on this home
- Ontario land transfer tax
- $32,473
- Total land transfer tax
- $32,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $28,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,799,900
- $27,998
- Ontario total
- $32,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Wortley Road Public SchoolThames Valley DSBPublic · grades JK–874%Grade 6 average500 m
- Tecumseh Public SchoolThames Valley DSBPublic · grades JK–871%Grade 6 average500 m
- St Martin Separate SchoolLondon District Catholic School BoardCatholic · grades JK–873%Grade 6 average500 m
- École élémentaire catholique Frère AndréConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–685%Grade 6 average2.7 km
SecondaryGrade 9 math 2024–25
- London South Collegiate InstituteThames Valley DSBPublic · grades 9–12 · French Immersion49%Grade 9 math400 m
- Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–1257%Grade 9 math2 km
- London Central Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion81%Grade 9 math2.1 km
- École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–1257%Grade 9 math5.2 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$8,793
- Mortgage$8,212
- Property tax$581
A planning figure, not a quote.
Land transfer tax
$32,473
$28,473 for first-time buyers.
Community
Who lives around it
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Shemeer AhmadVALERY REAL ESTATE INC.
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