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1781 Wavell Street, London East, ON N5W 2E2

East M, London East

1781 Wavell Street, London East, ON N5W 2E2

$2,400,000

0 beds · 4 baths

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About this home

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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Guides to London East

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Buyer guideFirst-time home buyer steps in Ontario (2026)Buyer guideThe new First-Time Home Buyers’ GST rebate (2026): up to $50,000 on a new homeBuyer guideClosing costs for home buyers in Ontario: a Woodstock breakdown (2026)Buyer guideWhy buy with a REALTOR® (and what it costs you: usually nothing)Buyer guideWhy buy instead of rent in Woodstock & Oxford County?Buyer & seller guideQuestions to ask before you hire a real estate agentBuyer guideHow to avoid overpaying for a homeBuyer guideBuying a condo in Woodstock: fees, the status certificate & what to checkBuyer guideBuying a farm or rural acreage in Oxford County: wells, septic, zoning & financingBuyer & investor guideLegal secondary & in-law suites in Woodstock: Bill 23 rules & the rent-vs-mortgage mathBuyer guideInvesting in Oxford County real estate: a plain-English first lookRelocation guideMoving to Woodstock for a job at Toyota (TMMC): a relocation & housing guideBuyer guideHindi & Punjabi-speaking home buyers in Woodstock: a welcome and a local guideखरीदार गाइडवुडस्टॉक में हिंदी और पंजाबी भाषी घर-खरीदार: एक स्वागत और स्थानीय मार्गदर्शिकाਖਰੀਦਦਾਰ ਗਾਈਡਵੁੱਡਸਟੌਕ ਵਿੱਚ ਹਿੰਦੀ ਅਤੇ ਪੰਜਾਬੀ ਬੋਲਣ ਵਾਲੇ ਘਰ-ਖਰੀਦਦਾਰ: ਜੀ ਆਇਆਂ ਨੂੰ ਅਤੇ ਇੱਕ ਸਥਾਨਕ ਗਾਈਡLocal guideBest neighbourhoods in Woodstock, Ontario: a local guideLocal guideMoving to Woodstock & Oxford County: a local guideLocal guideLiving in Tillsonburg vs Ingersoll vs Woodstock: an honest comparisonLocal guideLiving in Oxford County’s smaller towns & villages: Ingersoll, Tavistock, Norwich, Embro, Thamesford & PrincetonSeller guideHow much does it cost to sell a house in Woodstock, Ontario? (2026)Seller guideSelling your Woodstock home: the real process vs. “we buy houses” cash offersSeller guideDownsizing for seniors in Woodstock & Oxford County: a step-by-step guideSeller guideSelling or transitioning the family farm in Oxford County: the real-estate playbookSeller guideSelling an inherited home in Woodstock & Oxford County: an executor’s step-by-stepSeller guideEssential tips to sell your Woodstock home for moreSeller guideCommon home-seller mistakes (and how to avoid them)Seller guideThinking of selling your home privately?Seller guideSelling your home in Oxford County: a plain-English guide for Hindi- and Punjabi-speaking familiesविक्रेता गाइडऑक्सफ़ोर्ड काउंटी में अपना घर बेचना: हिंदी और पंजाबी भाषी परिवारों के लिए एक सरल मार्गदर्शिकाਵਿਕਰੇਤਾ ਗਾਈਡਆਕਸਫੋਰਡ ਕਾਊਂਟੀ ਵਿੱਚ ਆਪਣਾ ਘਰ ਵੇਚਣਾ: ਹਿੰਦੀ ਅਤੇ ਪੰਜਾਬੀ ਬੋਲਣ ਵਾਲੇ ਪਰਿਵਾਰਾਂ ਲਈ ਇੱਕ ਸਰਲ ਗਾਈਡResourceMoving day tips & checklistResourceCostly legal issues to watch when buying or selling
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