193 Wharncliffe RD N, London North, ON N6H 2B1
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193 Wharncliffe RD N, London North, ON N6H 2B1
193 Wharncliffe RD N, London North, ON N6H 2B1
193 Wharncliffe RD N, London North, ON N6H 2B1
193 Wharncliffe RD N, London North, ON N6H 2B1
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Richard Rutkowski

Richard Rutkowski

+1(905) 876-6660
$ 899,000
Est. payment /mo
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Active Under Contract

193 Wharncliffe RD N London North, ON N6H 2B1

8 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision North N

MLS Listing ID X13603788

Style 2 1/2 Storey

Bedrooms 8

Annual Tax Amount $5,901

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Over 7.5% Cap Rate!!!Located in the sought-after Blackfriars/Petersville Heritage District, 193 Wharncliffe Road N offers a solid investment opportunity in one of London's most convenient and consistently in-demand rental locations. Just minutes from Western University, downtown, parks, schools, and major transit routes, the property benefits from strong tenant appeal year after year. The building consists of five fully rented units, including one 3-bedroom apartment, one bachelor suite, and three 2-bedroom apartments, providing a well-balanced rental mix and reliable income. On-site amenities include parking for five vehicles, coin-operated laundry, an owned forced-air gas furnace, two hot water tanks, and three hydro meters. A new asphalt shingle roof was installed in December 2024, adding further value and reducing future maintenance costs. With utilities included in the rent and an estimated cap rate of over 7.5%, this is an attractive opportunity for investors looking for steady cash flow today while benefiting from the long-term appreciation of a well-located income property. Whether you're adding to an existing portfolio or purchasing your first multi-family investment, this is the type of property that's becoming increasingly difficult to find-fully tenanted, well maintained, and positioned in a high-demand rental market with excellent long-term potential

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room Yes

Basement Apartment

Kitchen 4

Separate Den/Office 2

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 44.0

Lot Depth 66.0

Total Parking Spaces 4

Building

Building Age 100+

Unit Features Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School

Foundation Other

Others

ParcelsYN No

Listed by ROYAL LEPAGE TRILAND REALTY

NEARBY SCHOOLS & PROPERTIES

Richard Rutkowski

Richard Rutkowski

License Partner | Broker of Record License ID: HBRUTKORI

+1(905) 876-6660

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193 Wharncliffe RD N