1737 WAVELL Street
London East, N5W 2E2·MLS® X13630760
Listing courtesy of King Realty INC.·Updated 3 hours ago
Listing price
$680,000
Est. $3,239/mo
Days on market
Listed Aug 2, 2026
Description
Attention First-Time Home Buyers & Investors!Don't miss this exceptional opportunity to own an impeccably maintained 4+3 bedroom legal bungalow with a separate side entrance to the fully finished lower level-ideal for extended family or rental income.It worked as a duplexThe main floor features a bright and functional kitchen, a spacious primary bedroom, three additional generously sized bedrooms, and a well-appointed 4-piece bathroom. One of the bedrooms provides direct access to a beautiful deck, perfect for enjoying your morning coffee or relaxing outdoors.The legal lower level offers excellent income potential with 3 spacious bedrooms, 2 full bathrooms, a large kitchen, and a dedicated laundry area with separate washer and dryer space, making it ideal for tenants or multi-generational living.Step outside to a generously sized backyard featuring a deck and a charming gazebo-perfect for entertaining family and friends or unwinding after a long day.Highlights: Legal 4+3 bedroom bungalow Separate side entrance to lower level Excellent rental potential with approximately $4,000/month in rental income Bright main-floor layout Finished lower level with separate living amenities Large backyard with deck and gazebo Community centre directly across the street Minutes from shopping, Argyle Mall, schools, parks, and other everyday amenitiesWhether you're a first-time buyer looking to offset your mortgage with rental income or an investor seeking a cash-flowing property, this home is an opportunity you won't want to miss!
Property details
Basement
Separate Entrance, Finished
Parking
6 spaces
Type
Detached — Bungalow
Heating
Forced Air
Property tax
$3,150/yr (2025)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
77% confidence · 30 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$10,075
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Aug 2, 2026
Sold comparables nearby
Sold$400,000
256 Tweedsmuir Avenue, London East
Sold$515,000
452 Merlin Street, London East
See all 6 sold comparables
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Market conditions · London East
Avg. sold price
$497,167
Sale-to-list ratio
97.9%
Based on 6 recent comparable sales near this home.
Affordability
Minimum household income required
$163,775
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$424,000
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colinabbot@gmail.com
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