$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
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
Estimated mortgage payment
$2,874 per month
- Principal and interest
- $2,874
- Property tax
- $338
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $139,255
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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