$550,000
118 WHARNCLIFFE ROAD S
Beds
3
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London South (South F). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Renovated Triplex with separate Hydro meters. Main One bedroom unit $1550, upper One Bedroom unit fully renovated and currently vacant (Market Rent $1600), Rear bachelor $800 (Below market for taking care of the property) all rents are inclusive but future rents have the ability to make plus hydro. Basement spray foamed plus shared laundry with shared storage area. 3 newer concrete parking spaces plus sitting area at back, newer windows, Newer Steel Roof. Great location 10 min walk to Wortley Village shops and restaurants. AC-2 Zoning allows for multiple uses. Expenses 2025 - Hydro $4820, Gas $1485, Prop tax $3051, Insurance $1879.This property makes a great investment or house hack. (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- South F
- Lot dimensions
- 38.3 x 108 FT ; 38.32 ft x 108.48 ft x 28.76 ft x 109.14
- Bedrooms
- 3 above grade
- Parking
- 3 total
- Stories
- 2
- On market
- Feb 26, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $3,051 (2026)
- Zoning
- AC-2
- Photos
- 22
- MLS#
- X12823254
- Area
- LONDON_SOUTH_(SOUTH_F)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
Utilities
Cash on cash
-6.94%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,420
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.