$649,000
Est. $3,040/mo mortgage
1905 Wavell Street · London East, N5W 2E3
MLS® X13832608
Listed Sep 27, 2026
Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated 6 hours ago
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
- Size
- 2000-2500 sqft
- Rooms
- 16 rooms · 3 kitchens
- Bathrooms
- 3 × 3-piece
- Basement
- Partially Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Triplex, Bungalow
- Lot size
- 61 × 140 ft
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private (9 spaces)
- Parking
- 9 spaces
Fees & taxes
- Property tax
- $4,057/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.
73% confidence · 16 sold homes within 2 km, by price per sq ft
Monthly paymentest. $3,816/mo all in
Monthly payment estimate
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
Listed Sep 27, 2026
Sold comparables nearby
Sold$572,000
433 Second Street, London East
Sold$635,000
167 Vancouver Street, London East
See what these 2 homes sold for
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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 and a 32% GDS ratio. Rounded to the nearest thousand.
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Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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