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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 (id:58753)
Cross Streets: Merlin Cres. ** Directions: From Clarke Rd. turn west (left) on Wavell St.
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 40 GRAYDON STREET | 2 | 2 | May 10, 2026 | $459,900 |
Discover key demographics, population statistics, and environmental insights for the London East (east M), ON area.
68/100
Somewhat Walkable
Walk Score ®
51/100
Good Transit
Transit Score ®
51/100
Bikable
Bike Score ®
Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
9 nearby routes: 9 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 37/100, Bike Score: 47/100.
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Source: Realty.com
1781 WAVELL STREET, London East (East M), ON N5W2E2 in London East (East M), ON N5W2E2 is a other listed at $2,500,000. Highlights include 4 bathrooms, 6,960 sq. ft., $359 per sq. ft.. Realty.ca has 25 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 25 photos of 1781 WAVELL STREET.
The full address for this home is 1781 WAVELL STREET, London East (East M), ON N5W2E2.
1781 WAVELL STREET has been listed on Realty.com since Mon August 11, 2025
Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 39/100, Transit Score: 37/100, Bike Score: 47/100.
Listing provided courtesy of:
STREETCITY REALTY INC.
Listing agent:
YOUNGMIN KIM
This content last refreshed on 2026-06-07 17:19:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.