$2,500,000
FOR SALE

Commercial/Retail

Lot: 103.53 x 111.68 ft
2025 Taxes: $10,462

1781 Wavell St
London East, ON N5W 2E2 | East M | Middlesex

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
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Listed By STREETCITY REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12337556
Last Updated Feb 26, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
PIN 081160316
Legal Description LOTS 20 AND 21 PLAN 844 LONDON/LONDON TOWNSHIP
Possession Date flexible
Taxes (2025) $10,462
Directions/Cross Streets Merlin Cres
Neighbourhood East M
Area Middlesex
Price History

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Detailed Information
Freestanding Y
Bathrooms 4
Lot 103.53 x 111.68 ft
Air Conditioning Yes
Basement Basement
Chattels Y
Garage Type Outside/Surface
Parking Spaces 25
Heat Type Water Radiators
Financial Statement Y
Sewers Sanitary

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