27 WHARNCLIFFE ROAD S, London South (South E)

$499,900

For sale: Multiplex

Multiplex at 27 WHARNCLIFFE ROAD S, London South (South E)
Property type
Duplex
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13774516
Neighbourhood
South E

Welcome to 27 Wharncliffe Road South, a standout opportunity to own a fully legal duplex in a highly convenient London location! This well-maintained investment property features two self-contained units, both occupied by great month-to-month tenants, offering immediate rental income and future flexibility. Each unit is separately metered for electricity.Unit 1 is located on the main floor and offers 2 bedrooms, 1 full bathroom, its own private entrance, in-suite laundry, and 2 parking spaces. The current monthly rent is $1,939.90 paid by the tenant. Utilities are included, with the exception of electricity.Unit 2 is located on the lower level and features 1 bedroom, 1 full bathroom, its own private entrance, in-suite laundry, and 2 parking spaces. The current monthly rent is $1,412.80 paid by the tenant. Utilities are included, with the exception of electricity.The property generates $3,352.70 in monthly rental income. Ideally situated just minutes from London's vibrant downtown core and close to Covent Garden Market, Canada Life Place, several city parks, public transit, shopping, restaurants, and a wide variety of everyday amenities.Whether you're looking to expand your investment portfolio or move into this home, this duplex offers incredible potential, outstanding value, flexibility, and a prime location. Opportunities like this don't come along often, don't miss your chance to make it yours!

Sold data

Multiplex homes in London South (South E) — recent sold market

Multiplex homes in London South (South E) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 78, across 123 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.

The median sale price was $599,900.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$599,900
Sale-to-list ratio
96.2%
Sold above asking
13%

Based on 123 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South E)

London South (South E) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London South (South E)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 27 WHARNCLIFFE ROAD S