188 Wharncliffe Road
London South, N6J 2L1·MLS® X13630384
Listing courtesy of Global Bricks Executive Homes Realty·Updated 6 hours ago
Listing price
$299,999
Est. $1,429/mo
Days on market
Listed Aug 2, 2026
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]
Property details
Basement
Crawl Space
Parking
3 spaces
Type
Detached — 1 1/2 Storey
Heating
Baseboard
Property tax
$3,400/yr (2025)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
59% confidence · 12 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London South, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly payment estimate
Land transfer tax
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$593,000
172 CHEPSTOW Close, London North
Sold$660,000
439 Coombs Avenue, London North
See all 6 sold comparables
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Market conditions · London South
Avg. sold price
$498,917
Sale-to-list ratio
92.7%
Based on 6 recent comparable sales near this home.
Affordability
Minimum household income required
$77,468
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$417,500
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colinabbot@gmail.com
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