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For sale
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$259,999

Estimated value $247K to $273K

Est. $1,218/mo mortgage

2bd·2ba·700-1,100sqft

188 Wharncliffe Road · London, N6J 2L1

MLS® X13630384

96 days on market96 days on market

Listed Aug 1, 2026

Listing courtesy of Global Bricks Executive Homes Realty·Listing last changed Oct 1

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
33 × 119.9 ft
Age
100+ years
Parking
3 spaces
Property tax
$3,400/yr (2025)

Description

Exceptional investment opportunity in the heart of London! Set on a 33-ft x 119.9-ft lot, this property offers outstanding potential for investors, renovators, contractors, and builders looking to restore, remodel, or add value. Ideally located near downtown, schools, parks, shopping, public transit, and other key amenities, this property is well suited for renovation, rental income, or future redevelopment opportunities. The property is being sold "As Is, Where Is." Buyers and their representatives are advised to conduct their own independent due diligence with the City of London regarding zoning, permitted uses, redevelopment potential, servicing, and all applicable municipal approvals. The Seller makes no representations or warranties regarding the property's condition, zoning, future development potential, or Permitted Uses in AC2(1). Standard AC2 Uses: Animal hospitals, clinics, convenience stores, medical/dental offices, personal service establishments, studios, and residential dwelling units placed above the first floor. AC2(1) Special Additions: Financial institutions, retail stores, eat-in or take-out restaurants, and service/repair establishments. [1, 2]

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Property details

Interior

Size
700-1,100 sqft
Rooms
2 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Second
Basement
Crawl Space
Heating
Baseboard
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
100+ years
Lot size
33 × 119.9 ft
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Septic

Parking

Parking
3 spaces

Fees & taxes

Property tax
$3,400/yr (2025)

Estimated value range

$247K to $273K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Old South →

London South, ON

Established neighbourhood with character homes and walkable local businesses south of downtown.

Schools nearbyclosest is Jeanne-Sauvé Public School, 160 m

Elementary

  • Jeanne-Sauvé Public School

    160 m · Grades JK-8

    Thames Valley District School Board

    7.1
  • Eagle Heights Public School

    950 m · Grades JK-8

    Thames Valley District School Board

    6.0
  • University Heights Public School

    1.5 km · Grades JK-8

    Thames Valley District School Board

    7.8

Secondary

  • London Central Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

    8.0
  • Catholic Central High School

    2.0 km · Grades 9-12

    London District Catholic School Board

    5.7
  • H B Beal Secondary School

    2.4 km · Grades 9-12

    Thames Valley District School Board

    5.3

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $1,805/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,218
Property tax$283
Insurance (est.)$54
Utilities (est.)$250
Total monthly$1,805
Land transfer tax$2,375 on closing

Ontario LTT

$2,375

First-time rebate

−$2,375

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

Price & listing history

$259,999

Listed Aug 1, 2026

On the market

Sold comparables nearby

26 Thornton Avenue, London EastSold

26 Thornton Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
340 Riverside Drive, London NorthSold

340 Riverside Drive, London North

3 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.2% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$446,667

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $71,000 household income

Minimum household income required

$71,000

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

Not sure about financing? Call Colin at (226) 212-5099 or text

Rental market$1,900/mo median for 2 bed nearby

$1,900/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 81 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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