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$925,000

Est. $4,333/mo mortgage

4bd·3ba·1,500-2,000sqft

362 Wortley Road · London South, N6C 3S2

MLS® X13413904

107 days on market107 days on market

Listed Jun 8, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated Aug 19

Description

Located in the heart of highly desirable Old South, this solid concrete-built DUPLEX with a third legal unit offers a rare turnkey investment opportunity in one of London's most sought-after neighbourhoods. Well maintained for decades, this property features three self-contained units with private entrances. The main floor offers a spacious 2-bedroom , 1- bathroom unit with ensuite laundry, the second floor features a vacant 2-bedroom, 1-bathroom unit with ensuite laundry, and the lower level contains a bachelor suite with a full bathroom and ensuite laundry. Parking is located at the rear of the building. A quality-built asset in a prime location just minutes from Wortley Village, parks, restaurants, shopping, and downtown London. An excellent opportunity for investors seeking strong cash flow, long-term appreciation, and generational wealth through real estate ownership. Book your private showing today!

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Property details

Interior

Interior
1500-2000 sqft
Rooms
8 rooms · 2 kitchens
Bathrooms
1 × 4-piece on Main, 1 × 4-piece on Second, 1 × 4-piece on Lower
Basement
Apartment
Heating
Water
Cooling
Window Unit(s)

Building & lot

Type
Triplex, 2-Storey
Lot size
33 × 100 ft
Exterior
Concrete
Foundation
Poured Concrete
Roof
Flat
Water & sewer
Sewer

Parking

Parking
6 spaces

Fees & taxes

Property tax
$5,079/yr (2025)

Rooms

Main

Bedroom
2.93 × 3.47 m
Kitchen
4.24 × 3.54 m
Bedroom 2
3.14 × 3.2 m
Living Room
3.47 × 5.24 m

Second

Laundry
1.68 × 1.68 m
Kitchen
4.24 × 3.54 m
Bedroom 2
2.93 × 3.47 m
Living Room
3.47 × 5.24 m
Bedroom
3.14 × 3.2 m

Lower

Kitchen
3.08 × 2.29 m
Den
3.75 × 3.54 m
Living Room
3.23 × 3.41 m
Utility Room
4.6 × 2.68 m
Foyer
4.18 × 1.98 m

Location & neighbourhood

Directions
Highland

London South, ON

Mid-south residential area built around Highland Country Club with well-maintained homes.

Monthly paymentest. $5,334/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,333
Property tax$557
Insurance (est.)$193
Utilities (est.)$250
Total monthly$5,334
Land transfer tax$14,975 on closing

Ontario LTT

$14,975

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$925,000

Listed Jun 8, 2026

On the market

Sold comparables nearby

193 Clarence Street, London EastSold

193 Clarence Street, London East

3 bd·3 ba·1,500-2,000 sqft
103 McClary Avenue, London SouthSold

103 McClary Avenue, London South

4 bd·3 ba·2,000-2,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London South

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 93.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$588,500

Sale-to-list ratio

93.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $224,000 household income

Minimum household income required

$224,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$2,800/mo median for 4 bed nearby

$2,800/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 9 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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