1905 WAVELL STREET, London, Ontario N5W 2E3
$649,000.00
- 7 bedrooms
- 3 bathrooms
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 ... read more
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. (id:25417)
- Listing ID: X13832608
- Property Type: Multi-family
| Property | |
|---|---|
| Style: | Bungalow |
| Lot Size: | 61 by 140 FT |
| Parking: | No Garage 9 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| Appliances: | Water Heater and Water Meter |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | N/A (Partially Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
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