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1737 WAVELL Street

London East, N5W 2E2·MLS® X13630760

Listing courtesy of King Realty INC.·Updated 3 hours ago

For sale
1 / 34
3Beds
4Baths
700-1,100Sqft
Year Built

Listing price

$680,000

Est. $3,239/mo

Days on market

2

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

$424,000~37.6% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$368,880$479,120

77% confidence · 30 sold homes within 2 km, by price per sq ft

Location & neighbourhood

London East

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,239
Property tax$737
Insurance (est.)$142
Utilities (est.)$250
Total monthly$4,367

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

$680,000

Listed Aug 2, 2026

On the market

Sold comparables nearby

256 Tweedsmuir Avenue, London EastSold

$400,000

256 Tweedsmuir Avenue, London East

3 bd·2 ba·700-1,100 sqft
452 Merlin Street, London EastSold

$515,000

452 Merlin Street, London East

2 bd·2 ba·1,100-1,500 sqft

See all 6 sold comparables

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Market conditions · London East

Buyer's marketBalancedSeller's market

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

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AI estimate

$424,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colinabbot@gmail.com

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