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$2,500,000
Ontario,London East (East M)
For Sale Active
1781 WAVELL STREET, London East (East M), Ontario N5W2E2
  • 4
  • 6,960 Sqft
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12337556
  • Price: $2,500,000
  • Bathrooms: 4
  • Square Footage: 6,960 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 168772
Features & Appliances
Features
  • Heating System: Radiator
  • Cooling System: Fully air conditioned
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, London East (East M), N5W2E2
  • Street: Wavell
  • Street Number: 1781
  • Street Suffix: Street
  • Longitude: W82° 49' 19.9''
  • Latitude: N42° 59' 48.8''
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Features:
  • Lot Size Dimensions: 0.291
Financial
  • Tax Annual Amount: 10462
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Listing updated: 2026-04-22 15:48:44
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Listing Information
  • List Agent Key: 1642613
  • List Office Key: 168772
  • Modification Timestamp: 2025-10-23T00:46:04Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-10-23T00:26:54Z
Powered by REALTOR.ca
Listing updated: 2026-04-22 15:48:45
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