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Property Description
Legal up/down Duplex located on direct bus route to UWO and walking distance to downtown London. Great opportunity for those buyers seeking an income helper by renting one of the units while living in the other. Step inside and you will be very impressed with the craftsmanship and attention to detail. This tastefully renovated home features 2 single bedroom units with upgraded granite kitchens, hardwood flooring, tiled/glass showers, and an open concept layout. Entirely spray foamed, not only is the road noise low, so are the utilities! With boiler heat and split system A/C units you're looking at an average of $300/month, combined. Plenty of parking around back via your private drive on the south side of the house. For those looking to increase your cashflow and invest in Accessory Dwelling Units, the 200' lot offers a ton of potential. Once a triplex, the house has 3 hydro meters. Shingles, electrical, and plumbing, all updated within the past 12 years. Solar panel on roof heats hot water tank. This house is incredibly well maintained and an absolute pleasure to show. Main floor unit currently rented at $1500/utilities included to a AAA tenant, month to month. Upper unit is rented for $1800/utilities until spring '25
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-13 | 2024-09-13 | 62 | $580,000 | - | Terminated |
| 2024-06-20 | 2024-07-12 | 22 | $659,900 | - | Terminated |
| 2008-02-25 | 2008-07-17 | 145 | $166,900 | $145,000 | Sold |
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Duplex, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
31' x 203'
Acreage
< .50
Lot Irregularities
31.08x202.71 x28.62x202.11
Fronting
East
Taxes
$2,960 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 6.99' x 13.48' | |
| Living | Main | 11.58' x 12.99' | |
| Prim Bdrm | Main | 7.68' x 10.83' | |
| Kitchen | 2nd | 9.84' x 12.01' | |
| Living | 2nd | 8.99' x 14.99' | |
| Prim Bdrm | 2nd | 8.83' x 9.51' | |
| Dining | Main | 7.74' x 10.83' |
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London Market Statistics
London Price Trend
113 Wharncliffe Rd N is a 2-bedroom 2-bathroom home listed for sale at $540,000, which is $26,958 (4.8%) lower than the average sold price of $566,958 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in London increased by $31,129 (5.8%) compared to the previous 30 day period (July 20 - August 18) and down $29,542 (5.0%) from the same time one year ago.Inventory Change
There were 66 2-bedroom homes listed in London over the last 30 days (August 19 - September 17), which is up 22.2% compared with the previous 30 day period (July 20 - August 18) and up 842.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in London typically sold ($10,405) (1.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,451 decrease compared to the previous 30 day period (July 20 - August 18) and ($14,450) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in London over the last 30 days (August 19 - September 17) stood at 83.3%, up from 81.5% over the previous 30 days (July 20 - August 18) and down from 114.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in London stood at 36 days when successfully sold over the last 30 days (August 19 - September 17), compared to 85 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group - Select Realty
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