384 Wharncliffe Road S, London South

$499,000
384 Wharncliffe Road S

$499,000

New
32d
Detached2-Storey

384 Wharncliffe Road S, London South

Total Monthly Obligation $2,579

HausQ Valuation Report
Beds
5
Baths
3
Park
4
Sqft
700-1100
DOM
32d
Score
31
Yield
7.1%
Cash on Cash
7.1%
Cap Rate
6.1%
5Y IRR
21.3%
10Y IRR
19.3%
Property Type-Detached
MLS® Number-X13811718
Beds-5
Bathrooms-3
Size-700-1100 sqft
Lot Size-31.56 × 128 ft
Listed on site-Sep 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,297 (2025)
Parking-4 - Other
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block, Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South F
Title-Residential Freehold

No agent assigned

Location, Location, Location! Welcome to 384 Wharncliffe Road South, London-a fantastic opportunity for first-time home buyers, investors, or those seeking multi-generational living. Ideally located with convenient public transit, the property is approximately a 20-minute bus ride to Western University and about 25 minutes to Fanshawe College South Campus. Enjoy being within walking distance of grocery stores, restaurants, shopping, and other everyday amenities.Extensively renovated in 2023, this home offers a functional and versatile layout. The main level features a bright living and dining area, an updated kitchen, three bedrooms, two full bathrooms, and convenient main-floor laundry. A separate entrance leads to the lower level, which includes its own kitchen, living area, two bedrooms, a full bathroom, and a dedicated laundry room, providing added flexibility for a variety of living arrangements (Buyer to satisfy themselves regarding all permitted uses).The shared driveway leads to private rear parking with space for multiple vehicles. Don't miss the opportunity to view this well-appointed home in a convenient South London location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,579/mo
Mortgage $2,013
Monthly Loss $2,050
Principal$530
Interest$1,483
Property Tax$191
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.8%9
5-Year IRR
16.3%79
10-Year IRR
15.7%
Returns Index
42.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,352/yr
NOI
$25,020/yr
Net Cash Flow
$72/mo
Cash Margin
2.4%8
Cash Flow Index
7.5/ 100
Risk Profile
Weight: 20%
DSCR
1.0430
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
37.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 384 Wharncliffe Road S

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.