1905 WAVELL STREET, London East (East H)
$649,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 7 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13832608
- Neighbourhood
- East H
An exceptional value-add opportunity for the savvy investor. Triplex on an oversized 8,568 sq ft R3-3 lot with legal fourplex potential as-of-right - rare density upside most listings can't offer. Located in London's established Argyle neighbourhood, minutes to Argyle Mall, East Lions Community Centre, Veterans Memorial Parkway and Highway 401, with London International Airport under 10 minutes away - a location that consistently drives strong, stable rental demand. Walking distance to schools, parks, transit and everyday shopping, appealing to a broad tenant pool.Three self-contained units (3BR/2BR/2BR), each separately metered for hydro, owner pays water. Two driveways provide ample parking for all units. Built 1962, offering a blank canvas for capital improvements and long-term value creation. A standout opportunity for investors looking to build equity through density, location, and upgrades. Estate sale. Contact listing agent for full details.
Sold data
Homes in East H — recent sold market
Homes in East H took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 52, across 122 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $424,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $424,900
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 18%
Based on 122 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in London East (East H)
London East (East H) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
- Rated schools
- 116
- Elementary
- 97
- Secondary
- 19
- Average rating
- 5.5 / 10
Top-rated schools in London East (East H)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 1905 WAVELL STREET
$799,999
Multiplex9+131,500–2,000 sqft86 WILSON AVENUE, North N, London North
$409,000
Multiplex532,000–2,500 sqft980 LORNE AVENUE, East G, London East
$499,900
Multiplex431,500–2,000 sqft223 WATER STREET N, Cambridge
$630,000
Multiplex6+132,000–2,500 sqft49 PADDINGTON AVENUE, South E, London South
$366,900
Townhouse4+131,000–1,199 sqft8 - 1920 CULVER DRIVE, East H, London East
$599,990
Detached6+331,100–1,500 sqft467 BASE LINE ROAD, South G, London South
$469,900
Detached4+13700–1,100 sqft794 STRAND STREET, East G, London East
$899,169
Detached632,000–2,500 sqft169 RIDOUT STREET S, South F, London South