Gurvinder Nokwal REALTOR®
For Sale Triplex 22 days on market

$649,000

Est. payment $2,874/moCalculate yours

1905 Wavell Street, London East, ON N5W 2E3

East, London, ON N5W 2E3

  • 7 Beds
  • 3 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of NU-VISTA PINNACLE REALTY BROKERAGE INC MLS® X13832608

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.

Property details

Overview

Property Type
Triplex
Style
Bungalow
For
For Sale
Status
New
Size
2,000 sqft

Interior

Bedrooms
7
Bathrooms
3
Kitchens
3
Basement
Partially Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
61 x 140 Feet
Parking
None garage · 9 total
Zoning
R3-3

Financial

Property Taxes
$4,057 (2025)

Location

Neighbourhood
East
Cross Street
Clarke & Wavell
Direction Faces
South

Listing

MLS® Number
X13832608
Days on Market
22
Listed On
2026-09-26
Possession
Flexible
Listed By
NU-VISTA PINNACLE REALTY BROKERAGE INC

Features

Interior

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

Pool

  • None
Excluded
All Tenant Items
Rental items
Hot Water Heaters

Mortgage calculator

Minimum for this price: $39,900 (6.15%)

Amortization, years

Estimated mortgage payment

$2,874 per month

Principal and interest
$2,874
Property tax
$338
Estimated monthly cost
$3,212

Your mortgage

Mortgage amount
$519,200
Mortgage insurance
Not needed
Interest over 25 years
$342,889

Cash to close

Down payment
$129,800
Land transfer tax
$9,455
Total, before legal fees
$139,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1905 Wavell Street, London East, ON N5W 2E3 East, London, ON N5W 2E3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$649,000 1905 Wavell Street, London East, ON N5W 2E3
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