$ 2,400,000
1781 Wavell Street
1781 Wavell Street, London East, ON N5W2E2 Photo 1
25 Photos
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1781 Wavell Street, London East

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 (id:1945)
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Property details for 1781 Wavell Street, London East

Type
Commercial
Bathrooms
4
Living Area
6,960 square feet
Lot Size
0.291
Heating
Radiator
Cooling
Fully air conditioned
Annual Taxes
$10,462 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 1781 Wavell Street

Active Listings
8
Min Price
$649,900
Max Price
$2,400,000
Avg Price
$945,438
Days on Market
78
days
Sold Listings
3
Min Sold Price
$685,000
Max Sold Price
$1,019,900
Avg Sold Price
$834,933
Days until Sold
58
days

Price History

Listed
August 11, 2025
by RIGHT AT HOME REALTY
Current Price
$2,400,000
-4% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $2,400,000 $100,000 (-4%)
Aug 25, 2026 $2,500,000 Listed

Contact Agent Get in touch about 1781 Wavell Street, London East

YOUNGMIN KIM
YOUNGMIN KIM
RIGHT AT HOME REALTY

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