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    For Sale - 193 Wharncliffe Road, London North, Ontario

    Est payment $4,317/mo
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    Time on Jump  1 days




    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
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    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.

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