Attention builders! High profile and very sought after location on the southeast corner of Wharncliffe and Blackfriars Street. Property is zonedR2-2 (19) which permits a duplex. Property will also permit office use on the main level as this has been grandfathered from the previous building use. Note that development charges which are $34,000.00 per unit for a duplex welling have been waived for this lot. The Development Charges C.P.-1551-227 can be accessed on the following link.https://london.ca/by-laws/development-charges-law-cp-1551-227. Copy of proposed site plan which will permit a two story dwelling plus a finished attic and zoning information available upon request.
works out to roughly $613 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 187 Wharncliffe Rd N
Every detail from the listing, in one place.
Type
Land
Style
Other
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Vacant Land
187 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 →
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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
$2,108
/mo
based on the purchase price of $429,000
$85,800 cash
$343,200 financed
$289,064 total interest
Principal54%$343,200
Interest46%$289,064
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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Similar homes for sale nearby in London
Other 3-bed homes for sale in London around $429K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,337Homes for sale here right now.
Median vs prior 90 days−0.9%Compared with May 11 – Aug 9, 2026: prices down.
Based on 1,698 sales from Aug 9 – Nov 7, 2026 (1,520 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 187 Wharncliffe Rd N
How much is 187 Wharncliffe Rd N listed for?
187 Wharncliffe Rd N is listed at $429,000 (MLS® X14159608). Summitly updates the price as soon as the MLS® record changes.
Is $429,000 a good price for 187 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 187 Wharncliffe Rd N changed?
No — 187 Wharncliffe Rd N is still listed at its original asking price of $429,000.
How many bedrooms and bathrooms does 187 Wharncliffe Rd N have?
187 Wharncliffe Rd N has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in London.
How much would the monthly mortgage be on 187 Wharncliffe Rd N?
About $2,108 a month — principal and interest on $429,000 with 20% down ($85,800), 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 187 Wharncliffe Rd N compare with other homes in London?
Its asking price of $429,000 is about 23% below the median sold price in London over the last 90 days, $560,000, across 1,698 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 187 Wharncliffe Rd N been sold before?
Yes — Summitly has 1 earlier MLS® listing of 187 Wharncliffe Rd N on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 187 Wharncliffe Rd N?
187 Wharncliffe Rd N is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 187 Wharncliffe Rd N been on the market?
1 day — 187 Wharncliffe Rd N was listed on November 6, 2026.
What is the price per square foot of 187 Wharncliffe Rd N?
About $613 per square foot: the asking price of $429,000 over the 700 sq ft the listing gives.
What is the lot size of 187 Wharncliffe Rd N?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 187 Wharncliffe Rd N?
About $5,055 in Ontario land transfer tax at the asking price of $429,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
