193 Wharncliffe Road N, London North (North N), Ontario

About 193 Wharncliffe Road N

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:6289)

More Info on this North N Other MLS® listing

193 Wharncliffe Road N is an other listing for sale in London North (North N). The MLS® number is X13603788. It features 10 bedrooms, 5 bathrooms. It's currently listed for $899,000. For more details on MLS® X13603788, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in North N is available now!

Selling your North N Other property?

Have a similar home to 193 Wharncliffe Road N? If you’re thinking about selling your North N other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your London North (North N) property.

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