362 Wortley Road
London South, N6C 3S2·MLS® X13413904·
Listing courtesy of Century 21 First Canadian Corp·Updated 9 hours ago
Listing price
$925,000
Est. $4,406/mo
Days on market
Listed Jun 8, 2026
Description
Located in the heart of highly desirable Old South, this solid concrete-built DIPLEX with a third legal unit offers a rare turnkey investment opportunity in one of London's most sought-after neighbourhoods. Well maintained for decades, this property features three self-contained units with private entrances. The main floor offers a spacious 2-bedroom , 1- bathroom unit with ensuite laundry, the second floor features a vacant 2-bedroom, 1-bathroom unit with ensuite laundry, and the lower level contains a bachelor suite with a full bathroom and ensuite laundry . Two units will be vacant on possession, allowing investors to set market rents immediately or occupy one unit while generating income from the others. Parking is located at the rear of the building. A quality-built asset in a prime location just minutes from Wortley Village, parks, restaurants, shopping, and downtown London. An excellent opportunity for investors seeking strong cash flow, long-term appreciation, and generational wealth through real estate ownership. Book your private showing today!
Property details
Basement
Apartment
Parking
6 spaces
Type
Triplex — 2-Storey
Heating
Water
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London South, ON
Mid-south residential area built around Highland Country Club with well-maintained homes.
Monthly payment estimate
Land transfer tax
Ontario LTT
$14,975
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$685,000
28 Springbank Drive, London South
Sold$550,000
417 Grey Street, London East
See all 8 comparables
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Market conditions · South G
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$3,700
Rental yield
4.8%
Est. cash flow
-$2,151
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$219,398
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$925,000
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