1905 Wavell Street, London, ON N5W 2E3

$649,000
7
BD
3
BA
2,000
SqFt

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List Price
$649,000
MLS#
X13832608
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
Bungalow
Bedrooms
7
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
East
Subdivision
Clarke & Wavell

Property 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.

Additional Information

Taxes
$4,057
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
3
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
9
Parking Type
Private

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of NU-VISTA PINNACLE REALTY BROKERAGE INC.