1737 Wavell Street · London, N5W 2E2
MLS® X13630760
Listed Aug 2, 2026
Listing courtesy of King Realty INC.·Listing last changed Aug 2
Key facts
- Property type
- Detached
- Square footage
- 700-1,100 sqft
- Lot size
- 58 × 120 ft · < 0.50 acres
- Parking
- 6 spaces
- Property tax
- $3,150/yr (2025)
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!
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Property details
Interior
- Size
- 700-1,100 sqft
- Bedrooms
- 3 above grade, 3 lower level
- Rooms
- 6 rooms
- Bathrooms
- 2 × 3-piece on Main, 2 × 3-piece on Basement
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 58 × 120 ft · < 0.50 acres
- Exterior
- Vinyl Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private Double, Other (6 spaces)
- Parking
- 6 spaces
Fees & taxes
- Property tax
- $3,150/yr (2025)
Rooms
Main
- Bedroom 2, Hardwood Floor
- 2.69 × 3.05 m
- Living Room, fireplace, hardwood floor, vaulted ceiling(s)
- 7.32 × 3.96 m
- Bedroom 3, Hardwood Floor
- 3.66 × 2.74 m
- Bathroom, Tile Floor
- 2.74 × 2.13 m
- Kitchen
- 3.4 × 3.81 m
- Primary Bedroom, Hardwood Floor
- 3.35 × 3.71 m
Basement
- Bedroom 2
- 2.69 × 3.05 m
- Bedroom 3
- 2.69 × 3.05 m
- Bedroom
- 3.66 × 2.74 m
Estimated value range
$646K to $714K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Schools nearbyclosest is St Pius X Separate School, 440 m
Elementary
- 5.8
St Pius X Separate School
440 m · Grades JK-8
London District Catholic School Board
- 6.2
Princess AnneFrench Immersion Public School
470 m · Grades JK-8
Thames Valley District School Board
- 4.0
Prince Charles Public School
700 m · Grades JK-8
Thames Valley District School Board
Secondary
- 3.8
Clarke Road Secondary School
840 m · Grades 9-12
Thames Valley District School Board
Thames Valley Alternative Secondary School
2.1 km · Grades 9-12
- 3.3
John Paul II Catholic Secondary School
2.8 km · Grades 9-12
London District Catholic School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $3,840/mo all in
Monthly payment estimate
Land transfer tax$10,075 on closing
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
Sold34 Algonquin Crescent, London East
Sold22 Graydon Street, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 100.5% of asking.
Avg. sold price
$446,833
Sale-to-list ratio
100.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $159,000 household income
Minimum household income required
$159,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
Rental market$2,350/mo median for 3 bed nearby
$2,350/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 47 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Get notified about similar homes
New detached listings in Argyle.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
Not intended to solicit clients already under contract.
Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.
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