187 Wharncliffe Road, London, ON N6H 2B1
$499,000
$499,000

187 Wharncliffe Road

North N, London, Middlesex $499,000

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Studio
0 Baths
< 700 sqft
Parking for 3
E Facing
Zoning: R2-2(19)
MLS®#:
X12011766
Property Type:
Vacant Land
Property Style:
Other
Area:
Middlesex
Community:
North N
Taxes:
$3,451.02 / 2024
Added:
March 11 2025
Lot Frontage:
50.01
Lot Depth:
101.22
Status:
Active
Outside:
Year Built:
Basement:
Brokerage:
RE/MAX CENTRE CITY REALTY INC.
Lot (Feet):

101

50

Intersection:
Blackfriars
Rooms:
Bedrooms:
Studio
Bathrooms:
0
Fireplace:
Utilities
Water:
Municipal
Cooling:
Heating Type:
Heating Fuel:

Listing Details

Attention builders! High profile and very sought after location on the southeast corner of Wharncliffe and Blackfriars Street. Property is zoned R2-2 (19) which permits a duplex. Property will also permit office use on the main level as this has been grandfathered from the previous building use. Note that development charges which are $34,000.00 per unit for a duplex dwelling have been waived for this lot. The Development Charges C.P.-1551-227 can be accessed on the following link. https://london.ca/by-laws/development-charges-law-cp-1551-227.With good down payment, Seller will hold a first mortgage at rate to be negotiated. Copy of proposed site plan which will permit a two story dwelling plus a finished attic and zoning information available upon request.

Insights

  1. Prime Location: Situated at the high-profile corner of Wharncliffe and Blackfriars Street, this property is in a sought-after area, making it ideal for future development or investment.
  2. Development Potential: Zoned R2-2 (19), the property allows for the construction of a duplex, providing a lucrative opportunity for builders and investors looking to capitalize on the growing demand for residential units.
  3. Waived Development Charges: The $34,000 development charges per unit for a duplex have been waived, significantly reducing the upfront costs for development and enhancing the property's investment appeal.

Sale/Lease History of 187 Wharncliffe Road

View all past sales, leases, and listings of the property at 187 Wharncliffe Road.

Neighbourhood

Schools, amenities, travel times, and market trends near 187 Wharncliffe Road
Schools

7 public & 6 Catholic schools serve this home. Of these, 10 have catchments. There are 2 private schools nearby.

Parks & Rec

3 playgrounds, 3 trails and 10 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 2 km away.

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North N home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in North N
100%

Insights for 187 Wharncliffe Road

View the highest and lowest priced active homes, recent sales on the same street and postal code as 187 Wharncliffe Road, and upcoming open houses this weekend.

Active Comparisons

Detached | 1 1/2 Storey 40 days ago
2   2   1100-1500 sqft   46 Photos
$498,000
 
Bsmt: Partially Finished. 3D Tour
2 km away
2 More beds $1,000 Lower-priced 2 more baths Bigger lot
Detached | 1 Storey/Apt 3 days ago
2   1   700-1100 sqft   27 Photos
$479,900
 
Bsmt: Partial Basement,Unfinished. 3D Tour
1 km away
2 More beds $19,100 Lower-priced 1 more baths Smaller lot
Duplex | 1 1/2 Storey 35 days ago
2   2   1500-2000 sqft   43 Photos
$629,999
 
Bsmt: Full,Partially Finished. 3D Tour
1 km away
2 More beds $130,999 Higher-priced 2 more baths Smaller lot
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)