1781 Wavell ST, London East, ON N5W 2E2
1781 Wavell ST, London East, ON N5W 2E2
1781 Wavell ST, London East, ON N5W 2E2
25
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$2,400,000
Est. payment /mo
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4 Baths
6,960 SqFt
Price Dropped by $100K

1781 Wavell ST London East, ON N5W 2E2

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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,960 sqft

Price per Sqft $344

Subdivision East M

MLS Listing ID X12337556

Annual Tax Amount $10,462

Tax Year 2025

Lot Size 0.291 Acres

Property Sub-Type Commercial Retail

Lot Depth 111.68

Lot Front 103.53

Property Description

Prime London, Ontario Investment Opportunity 1781 Wavell Street, Turn-key, income-generating property featuring two established businesses Wavell Variety, and a fully equipped coin laundry plus three rental apartments, all in one package. Situated in a high-visibility location in East London, this mixed-use building offers a rare chance to own a money-making investment with 25 dedicated parking spaces for customers and tenants. The main floor boasts a busy variety store serving the local community and surrounding neighbourhoods, alongside a profitable coin-operated laundromat with a separate customer entrance. Upstairs, you'll find three well-maintained rental units, providing steady monthly income. Located near East Lion Community Centre, Kiwanis Park, Argyle Mall, Clarke Road Secondary School, and major transit routes, the property benefits from heavy foot traffic and strong tenant demand. Easy access to Highway 401makes it a convenient hub for both residential and commercial clients. This is a solid, long-term investment ideal for portfolio expansion or an owner-operator looking to run a business while earning rental income. Fire inspection and rental permit are approved. Fire extinguisher and the fire-resistant door installed. Inventory is extra

Location

Province ON

County Middlesex

Area Middlesex

Interior

Cooling Yes

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Lot Frontage 103.53

Lot Depth 111.68

Building

Building Age 51-99

Others

Security Features No

ParcelsYN No


Listed by RIGHT AT HOME REALTY

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Kenneth Yim

Kenneth Yim

Broker of Record License ID: 9524831

+1(416) 906-0080

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1781 Wavell ST

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