$2,500,000
1781 Wavell Street, London East, ON N5W 2E2
London East
- Bathrooms
- 4
- Square feet
- 6,960
- Type
- Commercial Retail
About this listing
Prime London, Ontario Investment Opportunity 1781 Wavell Street, Turn-key, income-generating property featuring two established businesses Wavell Variety, and a fully equipped coin laundry plus three rental apartments, all in one package. Situated in a high-visibility location in East London, this mixed-use building offers a rare chance to own a money-making investment with 25 dedicated parking spaces for customers and tenants. The main floor boasts a busy variety store serving the local community and surrounding neighbourhoods, alongside a profitable coin-operated laundromat with a separate customer entrance. Upstairs, you'll find three well-maintained rental units, providing steady monthly income. Located near East Lion Community Centre, Kiwanis Park, Argyle Mall, Clarke Road Secondary School, and major transit routes, the property benefits from heavy foot traffic and strong tenant demand. Easy access to Highway 401makes it a convenient hub for both residential and commercial clients. This is a solid, long-term investment ideal for portfolio expansion or an owner-operator looking to run a business while earning rental income. Fire inspection and rental permit are approved. Fire extinguisher and the fire-resistant door installed. Inventory is extra
Property details
- Price per sqft
- $359
- Days on market
- 333 days
- Property taxes
- $10,462/yr (2025)
- Lot size
- 103.53 × 111.68 Feet
- Heating
- Water Radiators
- Cooling
- Yes
- Garage
- Outside/Surface
- Approximate age
- 51-99
Payment calculator
- Mortgage amount
- $2,000,000
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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Walkability, transit, and bike-friendliness for 1781 Wavell Street, London East, ON N5W 2E2
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MLS# X12337556
Listed by RIGHT AT HOME REALTY
On market since Aug 11, 2025
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About 1781 Wavell Street, London East, ON N5W 2E2
How much is 1781 Wavell Street, London East, ON N5W 2E2?
1781 Wavell Street, London East, ON N5W 2E2 is listed for $2,500,000 CAD.
How many bedrooms and bathrooms does 1781 Wavell Street, London East, ON N5W 2E2 have?
1781 Wavell Street, London East, ON N5W 2E2 has 4 bathrooms.
What type of property is 1781 Wavell Street, London East, ON N5W 2E2?
1781 Wavell Street, London East, ON N5W 2E2 is a Commercial Retail, 6,960 sq ft.
What neighbourhood is 1781 Wavell Street, London East, ON N5W 2E2 in?
1781 Wavell Street, London East, ON N5W 2E2 is in London East, Ontario.
Is 1781 Wavell Street, London East, ON N5W 2E2 for sale or for rent?
1781 Wavell Street, London East, ON N5W 2E2 is currently for sale.
How do I book a showing for 1781 Wavell Street, London East, ON N5W 2E2?
Contact Alex Morgan at +16471112222 to arrange a private showing of 1781 Wavell Street, London East, ON N5W 2E2 (MLS# X12337556). You can also send a message through the contact form on this site.