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$329K · 2 bed Condo Apartment · Unit 702, The Blackfriars, 549 Ridout Street, London, Ontario N6A 5N5 | HomeSearchCanada

$329,000

Unit 702

77 DOM

2177d

Map

DOM 77

$329,000

DOM77days

Unit 702

The Blackfriars · 549 Ridout Street · London · Ontario N6A 5N5

MLS® X13470190 · East F · N6A 5N5

21Vacant1200-1399 ft²Condo Apartment2-car UndergroundNo basement77d$253/ft²$3,219 tax/yrBuilt 198541 yrs oldNo basement

77 days on market

About this home

Downtown views are waiting for you! Welcome to this 2 bed + den condo in the core of the city at The Blackfriars building. This unit features an open concept living and dining room with large windows. Turn your den into an office space or third bedroom. The large primary bedroom has a walk in closet and jack and jill bathroom. In suite laundry makes this a fantastic space. Underground parking and controlled entry to ensure safety. Other included amenities are exercise room, party room, workspace…

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Property details

MLS#: X13470190
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 1 full, 0 half
Rooms: 7
Kitchens: 1
Size: 1200-1399Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: 1985

Occupancy: Vacant
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: R10-3*H30

Property features: Park, Public Transit

View: City

Building name: The Blackfriars
Condo corp #: 130
Balcony: None
Locker: None
Association amenities: Gym, Party Room/Meeting Room, Elevator, Visitor Parking
Fees include: Common Elements Included, Parking Included, Water Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Baseboard
Heating fuel: Electric
Cooling: None
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Kent St & Ridout St N
Stories: 7
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: Reserved/Assigned

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: BLUE FOREST REALTY INC.

Source: TRREB/PROPTX · MLS® X13470190

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$329K

Unit 702 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $329,000✓ $3,219 tax✓ Electric✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,508/mo

incl. closing costs (yr 1)

Annual total

$42,096

year 1

Mortgage only

$1,248/mo

principal + interest

Beyond mortgage

$1,517/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$65,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$268/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,300 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,290/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$56/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$3,410

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)36% $14,977/yr

Property taxes16% $6,629/yr

Utilities6% $2,460/yr

Insurance & security4% $1,600/yr

Maintenance8% $3,290/yr

Condo fees19% $8,040/yr

Closing costs12% $5,100/yr

Mortgage is 36% of your true cost of ownership. The other 64% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$14,977	$1,248/mo
Government & taxes
Property tax	$3,219	$268/mo
Land transfer tax(closing)	$3,410	$284/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,290	$274/mo
Condo fees
Condo / HOA fees	$8,040	$670/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$42,096	$3,508/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 702

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs