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202 Wharncliffe Rd S

Wharncliffe Rd S, Wortley Village Heritage District, London, ON, N6J 2L1

2
Beds
2
Baths
1,237
Sq. Ft.
$409,900
List Price
Details
Photos
16
Comparables
History
202 Wharncliffe Rd S, London, ON - 1 of 3
202 Wharncliffe Rd S, London, ON - 2 of 3
202 Wharncliffe Rd S, London, ON - 3 of 3
New
24 days on market

Quick Summary

  • Attractive investment opportunity with 6% cap rate
  • Desirable location in Old South with business use
  • Rented upper unit with stable tenant until 2024
  • Ideal for owner-occupancy with month-to-month lower unit
  • Separate hydro meters for each unit and common areas
  • Recent updates include new furnace, electrical, paint, flooring
  • Convenient access to downtown, hospital, university, highway
  • Competitively priced duplex in the local market

6% Cap Rate Potential for INVESTMENT AND/OR OWNER OCCUPY OPPORTUNITY! Licensed Up & Down Duplex located in desirable Old South + business use potential! This is a great option for any investor, business owner or someone who wants to reduce their cost of living! Upper level is rented for $1,300+ hydro till December 31, 2024. Main floor... Show More

6% Cap Rate Potential for INVESTMENT AND/OR OWNER OCCUPY OPPORTUNITY! Licensed Up & Down Duplex located in desirable Old South + business use potential! This is a great option for any investor, business owner or someone who wants to reduce their cost of living! Upper level is rented for $1,300+ hydro till December 31, 2024. Main floor tenancy is month-to-month ($870/month all inclusive). Ideal for savvy investment or owner-occupancy. This property has 3 hydro meters – one for each unit plus a 3rd for the common basement area which holds laundry, storage & building utilities. Low maintenance & taxes. Recent updates include: Brand new furnace installed (October 2023), updated electrical, new paint & flooring. Great access to Downtown, Victoria Hospital, UWO & Hwy 401. One of the best priced duplex 's in town! Call today for further information. (id:54626)

Property Details

Size

1,237 sq. ft.
across 2 floors
2 Beds
2 Baths
2 Full

Parking

3 Parking Spaces
-

Lot

Size
503′11″ * 720′0″
Acres
-

Build

Year Built
1955
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40585201
Last Updated
May 31, 2024
Brokerage
THE AGENCY REAL ESTATE,SUTTON GROUP - SELECT REALTY INC., BROKERAGE
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Call us 800-591-0566

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