$299,999
Est. $1,405/mo mortgage
188 Wharncliffe Road · London South, N6J 2L1
MLS® X13630384
Listed Aug 2, 2026
Listing courtesy of Global Bricks Executive Homes Realty·Updated 5 hours ago
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
- 700-1100 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)
Location & neighbourhood
DirectionsLondon South, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly paymentest. $1,898/mo all in
Monthly payment estimate
Land transfer tax$2,975 on closing
Ontario LTT
$2,975
First-time rebate
−$2,975
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Aug 2, 2026
Sold comparables nearby
Sold$400,000
820.5 Maitland Street, London East
Sold$810,000
104 - 25 Becher Street, London South
See what these 6 homes sold for
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Market conditionsSeller's market in London South
Homes here are selling above asking. Based on 6 sales in the last 90 days, at an average of 105.3% of asking.
Avg. sold price
$595,817
Sale-to-list ratio
105.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $76,000 household income
Minimum household income required
$76,000
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$1,895/mo median for 2 bed nearby
$1,895/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 80 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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