382 Wharncliffe Road, London South, ON
Property no longer active
This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow fourplex located in the coveted neighborhood of South F. Expertly crafted featuring premium vinyl siding and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $589,900 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 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 31.62 x 169.06 ft lot
- Features a separate entrance, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Amazing Investment Opportunity! This fourplex has over 7.7% Cap Rate bringing over $56,000 in rental income a year. 2 Units will be vacant as of September 2025 and the 2 tenanted units have market rents with, A+ tenants. This property boasts a generous 169-foot deep lot providing parking for all units. Coin- op laundry for additional income. Many recent updates have been done to the property including metal roof, eaves, soffits, most windows, siding, A/C (2020-2021). Units have been fully renovated with modern updates (2020/2021). Conveniently located near bus routes, schools, downtown, and many amenities.
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Property Summary
This fourplex located at 382 Wharncliffe Road, London South is currently for sale and has been available on SousaSells for 423 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 3 beds, 4 bathrooms, and is 1100-1500 square feet. 382 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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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 382 Wharncliffe Road S, London South, ON N6J 2M1
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 $589,900 in London South, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.
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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.