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1781 Wavell Street, London East, ON N5W 2E2

London East, ON, N5W 2E2 · East M

4 Baths
Sq Ft
25 Parking
Commercial Retail Type
X12337556 MLS#

About this property

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

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Yes
  • Heat Type: Water Radiators
  • Sewer: Sanitary

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Bathrooms 4
Lot Size 0 Feet
Garage Outside/Surface
Parking Spaces 25
Heat Type Water Radiators
Cooling Yes
Sewer Sanitary
Annual Tax $10,462
Tax Year 2025

Building & Construction

Approximate Age
51-99
Building Area Total
6960

Heating & Cooling

Heat Type
Water Radiators
Cooling
Yes

Parking & Garage

Garage Type
Outside/Surface
Parking Spaces
25

Lot & Land

Lot Size Area
0.29
Lot Size Units
Feet
Lot Depth
111.68
Lot Width
103.53

Community & Neighborhood

Community Features
Public Transit, Recreation/Community Centre

Financial & Tax

Tax Annual Amount
$10,462
Tax Year
2025
Tax Assessed Value
$327,000
Possession Type
30-59 days
Possession Details
flexible

Utilities & Services

Sewer
Sanitary
Utilities
Available

Additional Details

Occupant Type
Owner+Tenant
County Or Parish
Middlesex
Cross Street
Merlin Cres
Directions
From Clarke Rd. turn west (left) on Wavell St
Showing Requirements
Showing System
Listing courtesy of STREETCITY REALTY INC.
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