Rare opportunity to acquire a turnkey, fully occupied residential income property currently configured and operated as six rental units comprising 17 bedrooms, minutes from Western University. Located approximately 2.4 km from campus, less than a five-minute drive and directly on a major bus route serving Western. The property generates $174,156 in current annual rental income and has maintained 100% occupancy throughout the seller's ownership. While maintaining full occupancy, total monthly rent has achieved compound annual growth of approximately 4.76% over five leasing years, demonstrating strong tenant demand. The front residence contains a spacious four-bedroom upper unit with two bathrooms and a separate one-bedroom lower unit. Four additional self-contained, two-storey, three-bedroom townhome-style units each offer two bathrooms. Every unit has private laundry, and the property provides 13 parking spaces-an exceptional parking ratio for student housing. Tenants in the four townhome-style units pay their own electricity. The current configuration may also appeal to a future owner-occupier seeking to live in one unit while rental income from the remaining five helps carry the property, subject to existing tenancies and applicable law. Extensive improvements include roofing, windows, siding, soffits, fascia, decks, asphalt, kitchens and bathrooms, with additional bathroom upgrades completed during the seller's ownership. An established leasing system and reliable maintenance support contribute to efficient, low-touch operation. A compelling opportunity offering substantial rental scale, proven income growth and stable performance in one of London's strongest student rental locations.
12 bedrooms, 10 bathrooms, about 3,500 sq ft, works out to roughly $700 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 105 Wharncliffe Rd N
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
13 spaces
Basement
Apartment, Finished with Walk-Out
Features & systems
Parking & garage
Parking spaces
13
Interior
Basement
Apartment · Finished with Walk-Out
Lot & land
Lot size (sqft)
9526
Listing & possession
Property style
2-Storey
Property class
Multiplex
105 Wharncliffe Rd N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$12,036
/mo
based on the purchase price of $2,450,000
$490,000 cash
$1,960,000 financed
$1,650,834 total interest
Principal54%$1,960,000
Interest46%$1,650,834
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Keep looking near 105 Wharncliffe Rd N
Homes for sale in London
Every active London MLS® listing, updated all day.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,348Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 19 – Aug 17, 2026: prices down.
Based on 1,705 sales from Aug 17 – Nov 15, 2026 (1,559 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 105 Wharncliffe Rd N
How much is 105 Wharncliffe Rd N listed for?
105 Wharncliffe Rd N is listed at $2,450,000 (MLS® X13728044). Summitly updates the price as soon as the MLS® record changes.
Is $2,450,000 a good price for 105 Wharncliffe Rd N?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 105 Wharncliffe Rd N changed?
Yes — it was first listed at $2,650,000 and is now $2,450,000, a drop of $200,000 (7.5%).
How many bedrooms and bathrooms does 105 Wharncliffe Rd N have?
105 Wharncliffe Rd N has 12 bedrooms and 10 bathrooms, with about 3,500–5,000 square feet of living space. It is a multiplex in London.
How much would the monthly mortgage be on 105 Wharncliffe Rd N?
About $12,036 a month — principal and interest on $2,450,000 with 20% down ($490,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 105 Wharncliffe Rd N compare with other homes in London?
Its asking price of $2,450,000 is about 341% above the median sold price in London over the last 90 days, $555,000, across 1,705 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 105 Wharncliffe Rd N been sold before?
Summitly has no earlier MLS® sale or lease of 105 Wharncliffe Rd N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 105 Wharncliffe Rd N?
105 Wharncliffe Rd N is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 105 Wharncliffe Rd N been on the market?
81 days — 105 Wharncliffe Rd N was listed on August 26, 2026.
What is the price per square foot of 105 Wharncliffe Rd N?
About $490 to $700 per square foot: the asking price of $2,450,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 105 Wharncliffe Rd N have parking or a garage?
Yes — the listing gives 13 parking spaces.
Does 105 Wharncliffe Rd N have a basement, and is it finished?
The listing describes the basement as: Apartment, Finished with Walk-Out.