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$2,500,000
Available - For Sale
Listing ID: X12337556
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
Price $2,500,000
Taxes: $10,462
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner+T
Address: 1781 Wavell Stre , London East, N5W 2E2, Middlesex
Postal Code: N5W 2E2
Province/State: Middlesex
Legal Description: LOTS 20 AND 21 PLAN 844 LONDON/LONDON TO
Directions/Cross Streets: Merlin Cres
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 6,960
Total Area Code:  Square Feet
Office/Appartment Area: 3480
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Approximatly Age: 51-99
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8am - 1
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Rail: N
Crane: F
Soil Test: No
Heat Type: Water Radiators
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
STREETCITY REALTY INC.

1781 Wavell Stre , London East, N5W 2E2, Middlesex


 
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At a Glance:
Type: Com - Commercial Retail
Area: Middlesex
Municipality: London East
Neighbourhood: East M
Style:
Lot Size: x 111.68(Feet)
Approximate Age: 51-99
Tax: $10,462
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
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