Space
Finished area and layout
- Square Feet
- 2,000-2,500 sqft
- Bedrooms
- 10
- Bathrooms
- 5
+93 more
10
Bedrooms
5
Bathrooms
2,000-2,500 sqft
Square Feet
44 x 66 FT
Lot
4
Parking
Property Snapshot
Key details for this listing
MLS #X13603788
Property
Type, style and structure
- Type
- residential
- Style
- multiplex / Multiplex
- Structure
- 2 1/2 Storey
- Ownership
About This Property
This 10-bedroom, 5-bathroom multiplex in London North offers 2,000-2,500 sqft of square feet on a 44 x 66 FT lot. 2 storeys. The property has zoned R2-2(9). The home features none, a apartment basement. Highlights include a none pool.
MLS Remarks
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 (id:60351)
Full Listing Details
Address193 Wharncliffe Road N, London North, ON N6H 2B1
MLS#X13603788
Listing StatusActive
Property TypeResidential
Sub-TypeMultiplex
TransactionSale
List DateJul 24, 2026
Days on Market93
Common InterestFreehold
Annual Tax$5,901 (2025)
Parking4
Parking TypePrivate
Structure TypeOther
Style2 1/2 Storey
ConstructionBrick
Bedrooms10
Bathrooms5
Bedrooms Above Grade8
Bedrooms Below Grade2
Square Feet2,000-2,500 sqft
Kitchens4
Stories2
CityLondon North
ProvinceOn
Postal CodeN6H 2B1
Lot Dimensions44 x 66 FT
Frontage44.0 feet
ZoningR2-2(9)
Zoning DetailsR2-2(9)
Total Parking4
Parking FeaturesPrivate
CoolingNone
BasementApartment
RoofAsphalt Shingle
FoundationOther
CommunityCommunity Centre
PoolNone
SewerSewer
Annual Tax$5,901 (2025)
North on Wharncliffe Road North to North East Wharncliffe Road North and Blackfriars Street
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