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$649,000

Estimated value $617K to $681K

Est. $3,040/mo mortgage

7bd·3ba·2,000-2,500sqft

1905 Wavell Street · London, N5W 2E3

MLS® X13832608

46 days on market46 days on market

Listed Sep 26, 2026

Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Listing last changed Sep 26

Key facts

Property type
Triplex
Square footage
2,000-2,500 sqft
Lot size
61 × 140 ft
Days on market
46 days
Parking
9 spaces
Property tax
$4,057/yr (2025)

Description

An exceptional value-add opportunity for the savvy investor. Triplex on an oversized 8,568 sq ft R3-3 lot with legal fourplex potential as-of-right - rare density upside most listings can't offer. Located in London's established Argyle neighbourhood, minutes to Argyle Mall, East Lions Community Centre, Veterans Memorial Parkway and Highway 401, with London International Airport under 10 minutes away - a location that consistently drives strong, stable rental demand. Walking distance to schools, parks, transit and everyday shopping, appealing to a broad tenant pool.Three self-contained units (3BR/2BR/2BR), each separately metered for hydro, owner pays water. Two driveways provide ample parking for all units. Built 1962, offering a blank canvas for capital improvements and long-term value creation. A standout opportunity for investors looking to build equity through density, location, and upgrades. Estate sale. Contact listing agent for full details.

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Property details

Interior

Rooms
16 rooms · 3 kitchens
Bathrooms
3 × 3-piece
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Triplex, Bungalow
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (9 spaces)

Estimated value range

$617K to $681K

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

Directions
Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Schools nearbyclosest is Clarke Road Secondary School, 250 m

Elementary

  • Lord Nelson Public School

    540 m · Grades JK-8

    Thames Valley District School Board

    5.2
  • Princess AnneFrench Immersion Public School

    870 m · Grades JK-8

    Thames Valley District School Board

    6.2
  • St Pius X Separate School

    1.1 km · Grades JK-8

    London District Catholic School Board

    5.8

Secondary

  • Clarke Road Secondary School

    250 m · Grades 9-12

    Thames Valley District School Board

    3.8
  • Thames Valley Alternative Secondary School

    2.7 km · Grades 9-12

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. $3,763/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,040
Property tax$338
Insurance (est.)$135
Utilities (est.)$250
Total monthly$3,763
Land transfer tax$9,455 on closing

Ontario LTT

$9,455

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$649,000

Listed Sep 26, 2026

On the market

Sold comparables nearby

433 Second Street, London EastSold

433 Second Street, London East

6 bd·3 ba·1,500-2,000 sqft
167 Vancouver Street, London EastSold

167 Vancouver Street, London East

6 bd·3 ba·1,500-2,000 sqft

See what these 2 homes sold for

Create a free account to see sold prices and comparable sales.

Affordabilityneeds $156,000 household income

Minimum household income required

$156,000

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

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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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.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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