trreb/IMG-X13728044_711e2fc3-36d0-48f8-8bce-bb9279b15377-l.jpg
48 days on Market

105 Wharncliffe Rd, London North, Ontario N6H 2A8

Townhouse
12 + 5
11
~3500-5000 sqft
$•••,•••
$2,450,000
Get pre-qualifiedPowered by nesto
Townhouse
12 + 5
11
~3500-5000 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market48 days

Estimated valueNot available

Price/Sqft$595/sqft

Monthly cost

Open Calculator

Description

Rare opportunity to acquire a turnkey, fully occupied residential income property currently configured and operated as six rental units comprising 17 bedrooms, minutes from Western University. Located approximately 2.4 km from campus, less than a five-minute drive and directly on a major bus route serving Western. The property generates $174,156 in current annual rental income and has maintained 100% occupancy throughout the seller's ownership. While maintaining full occupancy, total monthly rent has achieved compound annual growth of approximately 4.76% over five leasing years, demonstrating strong tenant demand. The front residence contains a spacious four-bedroom upper unit with two bathrooms and a separate one-bedroom lower unit. Four additional self-contained, two-storey, three-bedroom townhome-style units each offer two bathrooms. Every unit has private laundry, and the property provides 13 parking spaces-an exceptional parking ratio for student housing. Tenants in the four townhome-style units pay their own electricity. The current configuration may also appeal to a future owner-occupier seeking to live in one unit while rental income from the remaining five helps carry the property, subject to existing tenancies and applicable law. Extensive improvements include roofing, windows, siding, soffits, fascia, decks, asphalt, kitchens and bathrooms, with additional bathroom upgrades completed during the seller's ownership. An established leasing system and reliable maintenance support contribute to efficient, low-touch operation. A compelling opportunity offering substantial rental scale, proven income growth and stable performance in one of London's strongest student rental locations.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size9,490 SqFt(146 x 65)
Parking Spaces13
MLS ®NumberX13728044
Community NameWest London
Data SourceTRREB
Listing byPeakhill Realty Inc.

Features

Heating: Forced Air
Basement: Apartment, Fin W/O

Features

Lot size: 9,490 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 13


Property listed by Peakhill Realty Inc., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - West London

Geo Zone Map ThumbnailWest London

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

7 days

2023

59 days

New Listings

Past 30 days

6 listings

Compared to

2025

1 listing

2024

3 listings

2023

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$520,000

2023

$628,000


Population and Demographics

Overview

Total population 24351
Average household income $83,663

Age (%)

0 to 19
16%
20 to 34
34%
35 to 49
15%
50 to 64
14%
65 and plus
21%

Household composition (%)

Single person
46%
Single family
43%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
69%
Arabic
8%
Mandarin
6%
Spanish
5%
Others
5%
Korean
1%
Urdu
1%
French
1%

House tenancy (%)

Renters
78%
Owners
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget