Homes for Sale in London, Ontario
118 Wharncliffe Road
London South, N6J 2K3·MLS® X13566666·
Listing courtesy of Century 21 First Canadian Corp·Updated 5 hours ago
Listing price
$499,900
Est. $2,381/mo
Days on market
Listed Jul 15, 2026
Description
Renovated Triplex with separate Hydro meters. Main One bedroom unit $1550, upper One Bedroom unit fully renovated and currently vacant (Market Rent $1600), Rear bachelor $800 (Below market for taking care of the property) all rents are inclusive but future rents have the ability to make plus hydro. Basement spray foamed plus shared laundry with shared storage area. 3 newer concrete parking spaces plus sitting area at back, newer windows, Newer Steal Roof. Great location 10 min walk to Wortley Village shops and restaurants. AC-2 Zoning allows for multiple uses. Expenses 2025 - Hydro $4820, Gas $1485, Prop tax $3051, Insurance $1879. This property makes a great investment or house hack.
Property details
Basement
Unfinished
Parking
3 spaces
Type
Triplex — 2-Storey
Heating
Forced Air
AI property estimate
52% confidence · 6 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$685,000
28 Springbank Drive, London South
Sold$576,000
10 McClary Avenue, London South
See all 7 comparables
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Market conditions · South F
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,000
Rental yield
4.8%
Est. cash flow
-$1,276
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$122,867
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$597,500
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