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For Sale

1781 Wavell Street, London East, ON N5W 2E2

$2,400,000

  • 4 Bathrooms
  • Commercial Retail
  • MLS® X12337556

Listing Brokerage: RIGHT AT HOME REALTY

Description

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

Property details

MLS® number
X12337556
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
East M
City
London East
Bathrooms
4
Building area
6960 Square Feet
Lot width
103.53 Feet
Lot depth
111.68 Feet
Approximate age
51-99
Heating
Water Radiators
Cooling
Yes
Garage
Outside/Surface
Taxes
$10,462.00
Tax year
2025
Business type
Retail Store Related
Office area
3480
Retail area
3480
Listing brokerage
RIGHT AT HOME REALTY

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