$680,000
Est. payment $3,011/moCalculate yours
1737 WAVELL Street, London East, ON N5W 2E2
East, London, ON N5W 2E2
- 3 + 3 Beds
- 4 Baths
- 700 Sq Ft
Listing courtesy of KING REALTY INC. MLS® X13630760
About this home
Attention First-Time Home Buyers & Investors!Don’t miss this exceptional opportunity to own an impeccably maintained 4+3 bedroom legal bungalow with a separate side entrance to the fully finished lower level-ideal for extended family or rental income.It worked as a duplexThe main floor features a bright and functional kitchen, a spacious primary bedroom, three additional generously sized bedrooms, and a well-appointed 4-piece bathroom. One of the bedrooms provides direct access to a beautiful deck, perfect for enjoying your morning coffee or relaxing outdoors.The legal lower level offers excellent income potential with 3 spacious bedrooms, 2 full bathrooms, a large kitchen, and a dedicated laundry area with separate washer and dryer space, making it ideal for tenants or multi-generational living.Step outside to a generously sized backyard featuring a deck and a charming gazebo-perfect for entertaining family and friends or unwinding after a long day.Highlights: Legal 4+3 bedroom bungalow Separate side entrance to lower level Excellent rental potential with approximately $4,000/month in rental income Bright main-floor layout Finished lower level with separate living amenities Large backyard with deck and gazebo Community centre directly across the street Minutes from shopping, Argyle Mall, schools, parks, and other everyday amenitiesWhether you’re a first-time buyer looking to offset your mortgage with rental income or an investor seeking a cash-flowing property, this home is an opportunity you won’t want to miss!
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 4
- Kitchens
- 2
- Total Rooms
- 13
- Basement
- Separate Entrance, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 58 x 120 Feet
- Parking
- None garage · 6 total
- Zoning
- R1-7
Financial
- Property Taxes
- $3,150 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Clarke Rd and Wavell St
- Direction Faces
- South
Listing
- MLS® Number
- X13630760
- Days on Market
- 77
- Listed On
- 2026-08-02
- Possession
- Flexible
- Listed By
- KING REALTY INC.
Rooms
Features
Interior
- Water Heater Owned
Property
- Hospital
Pool
- None
- Included
- All Appliances and Elf's
Mortgage calculator
Estimated mortgage payment
$3,011 per month
- Principal and interest
- $3,011
- Property tax
- $263
- Condo fees
- $0
- Estimated monthly cost
- $3,273
Your mortgage
- Mortgage amount
- $544,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $359,268
Cash to close
- Down payment
- $136,000
- Land transfer tax
- $10,075
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $146,075
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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