1781 Wavell St is a 4-bathroom retail in London, listed for $2,400,000.
1Situated 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.
2The 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.
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4 Bath Commercial Property in London
About 1781 Wavell Street
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
London retail priced at $2,400,000 — book a tour to see if it fits your search.
Inside 1781 Wavell St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0.291
Listing & possession
Property class
Commercial Retail
1781 Wavell St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 1781 Wavell St
Homes for sale in London
Every active London MLS® listing, updated all day.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,487Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,772 sales from Jul 24 – Oct 22, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1781 Wavell St
How much is 1781 Wavell St listed for?
1781 Wavell St is listed at $2,400,000 (MLS® X12337556). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1781 Wavell St changed?
Yes — it was first listed at $2,500,000 and is now $2,400,000, a drop of $100,000 (4.0%).
How many bedrooms and bathrooms does 1781 Wavell St have?
1781 Wavell St has 4 bathrooms. It is a commercial property in London.
How does 1781 Wavell St compare with other homes in London?
Its asking price of $2,400,000 is about 329% above the median sold price in London over the last 90 days, $560,000, across 1,772 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1781 Wavell St been sold before?
Summitly has no earlier MLS® sale or lease of 1781 Wavell St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1781 Wavell St?
1781 Wavell St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1781 Wavell St been on the market?
437 days — 1781 Wavell St was listed on August 11, 2025.
What is the land transfer tax on 1781 Wavell St?
About $46,475 in Ontario land transfer tax at the asking price of $2,400,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1781 Wavell St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1781 Wavell St?
The listing for 1781 Wavell St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for London.
When was 1781 Wavell St built?
The listing for 1781 Wavell St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
