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Multiplex for sale

$649,000

1905 Wavell Street

London, N5W 2E3

Bedrooms: 7 beds
Bathrooms: 3 baths
Interior: 2,000-2,500 ft²
Lot: 61 × 140 ft
Type: Multiplex
On the market: 20 days

Compare 1905 Wavell Street

About this home

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.

Features

Water Meter
Water Heater
Separate Hydro Meter
Primary Bedroom - Main Floor

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Property details

MLS® number: X13832608
Property type: Triplex
Style: Bungalow
Bedrooms: 7
Bathrooms: 3
Kitchens: 3
Interior size: 2,000-2,500 ft²
Lot: 61 × 140 ft
Basement: Partially Finished
Heating: Forced Air, Gas
Cooling: Central Air
Sewer: Sewer

Parking: 9 spaces
Exterior: Brick
Roof: Asphalt Shingle
Foundation: Concrete
Property taxes: $4,057 (2025)
Possession: Flexible
Cross street: Clarke & Wavell
Municipality: London

What it could cost each month

Mortgage estimate

$2,874a month

$129,800 down, 4.5%, 25 years

Down payment

6.2%10%20%

Interest rate

Open the full calculator

An estimate, not a quote. Under 20% down, the mortgage default insurance premium is added to the loan.

Location

London, near Clarke & Wavell

1905 Wavell Street, London

Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Listing courtesy of NU-VISTA PINNACLE REALTY BROKERAGE INC.

Listed on the MLS® System of the London and St. Thomas Association of REALTORS. MLS® number X13832608. Measurements are approximate.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS® and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Robert Georgopoulos and George Georgopoulos are Sales Representatives with RE/MAX Advantage Realty Ltd., Brokerage. Each office independently owned and operated.

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