For Sale: 139 Wharncliffe Road N, London, ON - REW
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$899,000
10 bd • 5 ba • 2000 - 2499 sf • Multifamily
139 Wharncliffe Road N
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$899,000
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139 Wharncliffe Road NLondon, ON, N6H 2B1

West London
  • 10 Bed
  • 5 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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:63626)
Listed by: SAM ALMADANI, Salesperson, ROYAL LEPAGE TRILAND REALTY

Home facts and features

Price details
List Price
$899,000
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Gross Taxes for 2026
$5,901
Home facts
Bedrooms
10
Full Bathrooms
5
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
66 feet
Frontage
44.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Apartment in basement,
Features
Irregular lot size
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
SAM ALMADANI
Primary Broker
ROYAL LEPAGE TRILAND REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13603788
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Jeanne-Sauvé Public School
  • Public
  • K - 8
Eagle Heights Public School
  • Public
  • JK - 8
London Central Secondary School
  • Public
  • 9 - 12
Victoria Public School
  • Public
  • JK - 8
St Georges Public School
  • Public
  • JK - 8
University Heights Public School
  • Public
  • JK - 8
Catholic Central High School
  • Catholic
  • 9 - 12
St Martin School
  • Catholic
  • JK - 8
Ryerson Public School
  • Public
  • JK - 8
H B Beal Secondary School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Salesperson
SAM ALMADANI
Office:
519-672-9880
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.