169 Ridout Street S, London South

$899,169
169 Ridout Street S

$899,169

New
22d
Detached2-Storey

169 Ridout Street S, London South

Total Monthly Obligation $4,544

Beds
6
Baths
3
Park
5
Sqft
2000-2500
DOM
22d
Score
17
Yield
4.2%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13849330
Beds-6
Bathrooms-3
Size-2000-2500 sqft
Lot Size-57.42 × 132.75 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,504 (2025)
Parking-5 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-South F
Title-Residential Freehold

No agent assigned

Welcome to 169 Ridout St S, a breathtaking 2.5-storey home in highly desirable Wortley Village! Exuding charm on a generous 57' by 133' lot, the residence boasts incredible curb appeal. A stunning yellow brick exterior, classic half-timber gable detailing, and an inviting covered porch with grand pillars create the perfect morning coffee spot! Mature trees and charming garden arbors add to the picturesque setting. Inside, discover a flowing layout with over 2300 sqft of beautifully preserved living space. Masterfully blending historic elegance with modern functionality, the sun-drenched interior showcases high ceilings, deep historic baseboards, rich hardwood floors, and stunning window casings. Two fully functional fireplaces create a warm, inviting ambiance for gatherings. The upper levels offer an incredible 6 bedrooms, ideal for a growing family, guests, or home office. To accommodate a bustling household, you'll find three thoughtfully distributed bathrooms: a convenient main-floor 2-piece, plus two 4-piece second-level baths, including a private primary ensuite. The classic layout offers that sought-after top-floor space beloved in historic character homes, featuring 2 bedrooms and a versatile flex space (perfect as a studio or kids' hideaway). Preserving its turn-of-the-century soul, the home ensures modern comfort with a full basement, new forced-air gas furnace, new on-demand water tank, and central A/C. Located in the heart of Wortley, everyday practicality is delivered via a private driveway off Duchess Ave, providing ample room for 5 parking spaces. A rare opportunity to own a magnificent piece of architectural history!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$719,335
Land Transfer Taxes$14,458
Legal Fees (Est.)
$
Total cash required for closing$195,792

Total Monthly Obligation

$4,544/mo
Mortgage $3,627
Monthly Loss $3,590
Principal$954
Interest$2,673
Property Tax$542
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,680/yr
NOI
$22,908/yr
Net Cash Flow
-$1,718/mo
Cash Margin
-54.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 169 Ridout Street S

Time

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