193 Wharncliffe Road N, London North, ON N6H 2B1
North N, London North · Near Wharncliffe Road North and Blackfriars Street · View map
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
The home
- Type
- Multiplex
- Style
- 2 1/2 Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 8
- Basement bedrooms
- 2
- Bathrooms
- 5
- Kitchens
- 4
- Rooms
- 13
- Basement
- Apartment
- Lot size
- 44 x 66 ft
- Faces
- East
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $5,901/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- FLEXIBLE
- Cross street
- Wharncliffe Road North and Blackfriars Street
- Neighbourhood
- North N
More
- Price per sq ft
- ~$400 (at 2,250 sq ft)
- MLS® number
- X13603788
No matching details. Ask Will instead
The home and its surroundings
- Library
- Park
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
193 Wharncliffe Road, London North, ON N6H 2B1
North N, London North · Near Wharncliffe Road North and Blackfriars Street
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 193 Wharncliffe Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 193 Wharncliffe Road N
Answers come straight from this home’s MLS® listing.
How much is 193 Wharncliffe Road N listed for, and what would it cost each month?
193 Wharncliffe Road N is listed for $899,000. With 20% down ($179,800), the mortgage payment would be roughly $3,626 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,118 a month, all in. That figure is an illustration, not a quote.
Is 193 Wharncliffe Road N freehold or a condo, and is there a monthly fee?
193 Wharncliffe Road N is a multiplex in North N, London North. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 193 Wharncliffe Road N have?
193 Wharncliffe Road N has 8 bedrooms, plus 2 more bedrooms in the basement, and 5 bathrooms. The listing gives the style as 2 1/2 storey.
Does 193 Wharncliffe Road N have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 193 Wharncliffe Road N have a finished basement?
The listing describes the basement as apartment. It counts 2 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 193 Wharncliffe Road N?
193 Wharncliffe Road N is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 193 Wharncliffe Road N, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 44 x 66 ft.
How is 193 Wharncliffe Road N heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 193 Wharncliffe Road N?
Property taxes are $5,901 a year (2025), or about $492 a month.
Where is 193 Wharncliffe Road N?
193 Wharncliffe Road N is in the North N community of London North. The nearest main intersection is Wharncliffe Road North and Blackfriars Street. The postal code is N6H 2B1.
Is 193 Wharncliffe Road N still for sale?
Yes. It is an active listing (MLS® X13603788). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 193 Wharncliffe Road N asking?
Similar properties for sale nearby right now include 86 Wilson Avenue at $799,999 (8+1 bed), 2946 Tokala Trail at $949,900 (4+1 bed) and 624 Superior Drive at $1,049,000 (4+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 193 Wharncliffe Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 193 Wharncliffe Road N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near North N, picked by style, size and price.
Triplex$799,99986 Wilson Avenue, London North8+1 bed · 3 bath · North NCourtesy of: THRIVE REALTY GROUP INC.View home →
Duplex$949,9002946 Tokala Trail, London North4+1 bed · 5 bath · North SCourtesy of: RINEHART REALTYView home →
Duplex$1,049,000624 Superior Drive, London North4+2 bed · 4 bath · North BCourtesy of: RIGHT AT HOME REALTYView home →Courtesy of: ROYAL LEPAGE TRILAND REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.