193 Wharncliffe Rd N is an 8-bedroom, 5-bathroom multiplex in London, listed for $899,000. It has 2000-2500 sq ft of living space.
1Just minutes from Western University, downtown, parks, schools, and major transit routes, the property benefits from strong tenant appeal year after year.
2On-site amenities include parking for five vehicles, coin-operated laundry, an owned forced-air gas furnace, two hot water tanks, and three hydro meters.
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
8 bedrooms, 5 bathrooms, about 2,000 sq ft, works out to roughly $450 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 193 Wharncliffe Rd N
Every detail from the listing, in one place.
Type
Multiplex
Style
2 1/2 Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spaces
Basement
Apartment
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Apartment
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Multiplex
193 Wharncliffe Rd N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13603788$899,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 193 Wharncliffe Rd N Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$4,417
/mo
based on the purchase price of $899,000
$179,800 cash
$719,200 financed
$605,755 total interest
Principal54%$719,200
Interest46%$605,755
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 8-bed homes for sale in London around $899K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,375Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 17 – Aug 15, 2026: prices down.
Based on 1,678 sales from Aug 15 – Nov 13, 2026 (1,530 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 193 Wharncliffe Rd N
How much is 193 Wharncliffe Rd N listed for?
193 Wharncliffe Rd N is listed at $899,000 (MLS® X13603788). Summitly updates the price as soon as the MLS® record changes.
Is $899,000 a good price for 193 Wharncliffe Rd N?
Summitly rates it Good Deal: the asking price is 3% to 10% below 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 193 Wharncliffe Rd N changed?
No — 193 Wharncliffe Rd N is still listed at its original asking price of $899,000.
How many bedrooms and bathrooms does 193 Wharncliffe Rd N have?
193 Wharncliffe Rd N has 8 bedrooms and 5 bathrooms, with about 2,000–2,500 square feet of living space. It is a multiplex in London.
How much would the monthly mortgage be on 193 Wharncliffe Rd N?
About $4,417 a month — principal and interest on $899,000 with 20% down ($179,800), 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 193 Wharncliffe Rd N compare with other homes in London?
Its asking price of $899,000 is about 62% above the median sold price in London over the last 90 days, $555,000, across 1,678 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 193 Wharncliffe Rd N been sold before?
Summitly has no earlier MLS® sale or lease of 193 Wharncliffe Rd N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 193 Wharncliffe Rd N?
193 Wharncliffe Rd N is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 193 Wharncliffe Rd N been on the market?
112 days — 193 Wharncliffe Rd N was listed on July 24, 2026.
What is the price per square foot of 193 Wharncliffe Rd N?
About $360 to $450 per square foot: the asking price of $899,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 193 Wharncliffe Rd N have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 193 Wharncliffe Rd N have a basement, and is it finished?
