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188 Wharncliffe Road

188 Wharncliffe Road

London South, ON

  • 2 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Detached
$299,999

Exceptional investment opportunity in the heart of London! Set on a 33-ft x 119.9-ft lot, this property offers outstanding potential for investors, renovators, contractors, and builders looking to restore, remodel, or add value. Ideally located near downtown, schools, parks, shopping, public transit, and other key amenities, this property is well suited for renovation, rental income, or future redevelopment opportunities. The property is being sold "As Is, Where Is." Buyers and their representatives are advised to conduct their own independent due diligence with the City of London regarding zoning, permitted uses, redevelopment potential, servicing, and all applicable municipal approvals. The Seller makes no representations or warranties regarding the property's condition, zoning, future development potential, or Permitted Uses in AC2(1). Standard AC2 Uses: Animal hospitals, clinics, convenience stores, medical/dental offices, personal service establishments, studios, and residential dwelling units placed above the first floor. AC2(1) Special Additions: Financial institutions, retail stores, eat-in or take-out restaurants, and service/repair establishments. [1, 2]

Listing Details

Taxes (2025)
$3,400
Listed
August 1, 2026

Price History

Property

Style
1 1/2 Storey
Age
100+
Construction
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Other
Lot Size
33 x 119.9 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
WHARNCLIFFE RD S & BRUCE STREET
Zoning
AC2(1)
Parcel Number
083890005
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
SOLD AS IS
Exclusions
NONE
Rental Items
NONE

Schools

Elementary

  • Victoria Public School0.2 km

    Public · Thames Valley DSB · 285 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 5% met the provincial standard

  • St Martin Separate School0.7 km

    Catholic · London District Catholic School Board · 455 students

    Grade 3 reading: 66% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • Wortley Road Public School1 km

    Public · Thames Valley DSB · 250 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 50% met the provincial standard

Secondary

  • London South Collegiate Institute1.5 km

    Public · Thames Valley DSB · 880 students

    Grade 10 literacy: 73% met the provincial standard

  • Westminster Secondary School1.9 km

    Public · Thames Valley DSB · 980 students

    Grade 10 literacy: 75% met the provincial standard

  • London Central Secondary School2.4 km

    Public · Thames Valley DSB · 955 students

    Grade 10 literacy: 91% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N6J

Population
27,497
Private dwellings
13,174
Median age
43.6
Average household size
2.1
Median household income
$65,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in London South · last 12 months

Median sold price
$583,212
Homes sold
1,926
Median days on market
27
Sale-to-list price
97.5%

Based on 1,926 recorded sales of residential freehold properties in London South over the last 12 months.

Listed by

GLOBAL BRICKS EXECUTIVE HOMES REALTY

Walk Score

66

Walk

50

Transit

70

Bike

Scores by Walk Score®

Mortgage Calculator

$60,000

Estimated Monthly Payment

$1,474

Land transfer tax

Estimated land transfer tax$2,975

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,474/mo (20% down, 5.5%)

Taxes: $283/mo · Insurance: $75/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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