1905 Wavell Street

East H, London East · MLS® X13832608

739

House · Multi-family · 28 days on market

listed by LUKE COX, NU-VISTA PINNACLE REALTY BROKERAGE INC

realtor's description

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

type: House, Multi-family
bedrooms: 7
bathrooms: 3
parking: 9
property tax: $4,057 / yr
days on market: 28
MLS®: X13832608

features

Water meter
Water Heater

monthly cost

$3,166/mo

Mortgage $2,828 · Tax $338

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,828/ monthly

loan $519,200

25-year amortization

down payment20% · $129,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $329,089
cash to close: $129,800; down payment; transfer tax and fees not included
total paid: $848,289

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.