Multiplex

1905 Wavell Street

London, N5W 2E3

$649,000
Bedrooms
7
Bathrooms
3
Interior
2,000-2,500 ft²
Lot
61 × 140 ft
Type
Multiplex
On the market
47 days

About this home

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.

Features

  • Water Meter
  • Water Heater
  • Separate Hydro Meter
  • Primary Bedroom - Main Floor

Property details

MLS® number
X13832608
Property type
Triplex
Style
Bungalow
Bedrooms
7
Bathrooms
3
Kitchens
3
Interior size
2,000-2,500 ft²
Lot
61 × 140 ft
Basement
Partially Finished
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Sewer
Parking
9 spaces
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Property taxes
$4,057 (2025)
Possession
Flexible
Cross street
Clarke & Wavell
Community
East H
Municipality
London

Location

London, near Clarke & Wavell

1905 Wavell Street, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$2,874a month

$129,800 down, 4.5%, 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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