118 Wharncliffe Road, London South, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of South F. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 38.32 x 108 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient forced air heating via gas
Description
Renovated Triplex with separate Hydro meters. Main One bedroom unit $1550, upper One Bedroom unit fully renovated and currently vacant (Market Rent $1600), Rear bachelor $800 (Below market for taking care of the property) all rents are inclusive but future rents have the ability to make plus hydro. Basement spray foamed plus shared laundry with shared storage area. 3 newer concrete parking spaces plus sitting area at back, newer windows, Newer Steal Roof. Great location 10 min walk to Wortley Village shops and restaurants. AC-2 Zoning allows for multiple uses. Expenses 2025 - Hydro $4820, Gas $1485, Prop tax $3051, Insurance $1879. This property makes a great investment or house hack.
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Property Summary
This triplex located at 118 Wharncliffe Road, London South is currently for sale and has been available on SousaSells for 3 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 118 Wharncliffe Road, London South is in the South F neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Features
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Interior Features
Separate Hydro Meter
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 118 Wharncliffe Road S, London South, ON N6J 2K3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in London South, ON
For a property listed at $499,900 in London South, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in London South (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.