For Sale - 193 Wharncliffe Road, London North, Ontario

Est payment $4,317/mo
Views   2
Time on Jump  62 day
  • Solid investment opportunity in a highly sought-after rental area.
  • Five fully rented units providing a diverse rental mix and reliable income.
  • Close proximity to Western University, downtown, parks, and transit routes.
  • On-site amenities include parking for five vehicles and coin-operated laundry.
  • New roof installed in 2024, reducing future maintenance costs.



Over 7. 5% cap rate!!! Located in the sought-after blackfriars/petersville heritage district, 193 wharncliffe road n offers a solid investment opportunity in one of london's most convenient and consistently in-demand rental locations. Just minutes from western university, downtown, parks, schools, and major transit routes, the property benefits from strong tenant appeal year after year. The building consists of five fully rented units, including one 3-bedroom apartment, one bachelor suite, and three 2-bedroom apartments, providing a well-balanced rental mix and reliable income. On-site amenities include parking for five vehicles, coin-operated laundry, an owned forced-air gas furnace, two hot water tanks, and three hydro meters. A new asphalt shingle roof was installed in december 2024, adding further value and reducing future maintenance costs. With utilities included in the rent and an estimated cap rate of over 7. 5%, this is an attractive opportunity for investors looking for steady cash flow today while benefiting from the long-term appreciation of a well-located income property. Whether you're adding to an existing portfolio or purchasing your first multi-family investment, this is the type of property that's becoming increasingly difficult to find-fully tenanted, well maintained, and positioned in a high-demand rental market with excellent long-term potential
Listing IDX13603788
Address193 Wharncliffe Road
CityLondon North, Ontario
Price$899,000
Bed / Bath10 / 5 Full
Style2 1/2 Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features NoneAmenities Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement ApartmentFoundation OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
ASAP

Sat

26

Sep

Sun

27

Sep

Mon

28

Sep

Tue

29

Sep

Wed

30

Sep

Thu

1

Oct

Fri

2

Oct

Sat

3

Oct

Sun

4

Oct

Mon

5

Oct

Tue

6

Oct

Wed

7

Oct

Thu

8

Oct

Fri

9

Oct

Sat

10

Oct

Sun

11

Oct

Mon

12

Oct

Tue

13

Oct

Wed

14

Oct

Thu

15

Oct

Fri

16

Oct

Sat

17

Oct

Sun

18

Oct

Mon

19

Oct

Tue

20

Oct

Wed

21

Oct

Thu

22

Oct

Fri

23

Oct

Sat

24

Oct

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:  ROYAL LEPAGE TRILAND REALTY

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

Loading...
193 Wharncliffe Road
London North , Ontario
10 5 $899,000
Get more info