1905 Wavell Street, London East

$649,000
1905 Wavell Street

$649,000

New
27d
TriplexBungalow

1905 Wavell Street, London East

Total Monthly Obligation $3,331

Beds
7
Baths
3
Park
9
Sqft
2000-2500
DOM
27d
Property Type-Triplex
MLS® Number-X13832608
Beds-7
Bathrooms-3
Size-2000-2500 sqft
Lot Size-61 × 140 ft
Listed on site-Sep 26, 2026
Style-Bungalow
Building Type-Triplex
Taxes-$4,057 (2025)
Parking-9 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-NU-VISTA PINNACLE REALTY BROKERAGE INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East H
Title-Residential Freehold

No agent assigned

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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Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,331/mo
Mortgage $2,618
Monthly Loss $2,642
Principal$689
Interest$1,929
Property Tax$338
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1905 Wavell Street

Time

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