1781 Wavell Street, London East, ON N5W 2E2, London East, ON
Bath 4
6960.0 sqft
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
Property Highlights
For Sale
MLS NO.
X12337556
Type
Commercial
Sub Type
Commercial Retail
Bathrooms
4
Square Footage
6960.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12337556
Total Bathrooms
4
Security Features
No
Lot Width
103.53
Lot Size
0.291
Lot Size Units
Acres
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Water Radiators
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1781 Wavell Street, London East, ON N5W 2E2
City
London East
Neighbourhood
East M
County / Region
Middlesex
Province / State
ON
Postal Code
N5W 2E2
Cross Street
Merlin Cres
Directions
From Clarke Rd. turn west (left) on Wavell St
List Price
$2,500,000
Annual Taxes
$10,462
Tax Year
2025
Legal Description
LOTS 20 AND 21 PLAN 844 LONDON/LONDON TOWNSHIP
Possession Type
30-59 days
Possession Details
flexible
Listing Office
RIGHT AT HOME REALTY
Board
London and St. Thomas Association of REALTORS
Original Entry
2025-08-11T17:29:30Z
Media Updated
2026-07-07T19:49:34Z
Photos Updated
2026-07-03T13:59:58Z
Last Modified
2026-07-07T19:49:34Z
System Modified
2026-07-07T19:49:34.103845Z
MLS Status
Extension
Basement Yn
Yes
Co List Office Name
STREETCITY REALTY INC.
Ddfyn
Yes
Expiration Date
2026-11-30
Heat Type Multi
Water Radiators
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
081160316
Parking Spaces
25
Public Remarks
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