Listed for:Listed 19 days ago
$649,000

1905 Wavell Street

London (East H), ON N5W 2E3

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 1905 Wavell Street, London, East H

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1905 Wavell Street, London, East H

Summarized Description

  • Triplex with potential for legal fourplex conversion.
  • Oversized lot offers rare density upside.
  • Located in high-demand Argyle neighbourhood.
  • Three self-contained units attract diverse tenants.
  • Ample parking with two driveways available.
  • Close to amenities and major transport routes.
  • Opportunity for capital improvements and equity growth.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,057
Land Transfer Tax Fee
$9,455

Rental Items

Rental Equipment
Hot Water Heaters

Basement Type
Partially Finished

Interior Features

Interior Extras
Water Meter, Water Heater, Separate Hydro Meter, Primary Bedroom - Main Floor
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
61.00 ft
Lot Depth
140.00 ft
Lot Size
8568
Lot Shape
Rectangular

Exclusions

Exclusions
All Tenant Items

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
9
Total Garage And Parking Spaces
9

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
7
Washrooms
3
Kitchens
3

Washrooms

  • 3-piece

Municipality
London
Neighbourhood
East H
Main cross streets
Clarke & Wavell
Zoning
R3-3
Directions
Use GPS

MLS® number
X13832608
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-26
Updated on
2026-09-27
Days on market
19 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
NU-VISTA PINNACLE REALTY BROKERAGE INC

Home Market Value

Current home valuation for 1905 Wavell Street, London, East H, London, ON. Listed for $649,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1905 Wavell Street, London, East H

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:6.1%

5% on first $500K + 10% on $149,000 over $500K

Minimum down payment

$39,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,350$18,107$15,446$0
=Total mortgage
$633,112$602,207$567,096$519,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,091monthly$2,940monthly$2,769monthly$2,535monthly
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Land Transfer Tax

Provincial

$9,455

Total Land Transfer Tax

$9,455

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