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$2,500,000
4 Baths ⋅ X12337556 MLS
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

1781 Wavell Street, London
$1,750,000
18 Beds ⋅ 12 Baths ⋅ X12137351 MLS
An excellent investment opportunity: purpose-built, all-brick 12-unit apartment building featuring 6 spacious two-bedroom units and 6 one-bedroom units. This well-maintained property is fully rented with long-term tenants, offering stable cash flow and minimal vacancy risk. Located on a quiet dead-end street, it provides tenants with a peaceful living environment while being just minutes from Fanshawe College and offering quick access to Highway 401ideal for students, commuters, and working professionals alike. With an annual gross rental income of $117,780, this asset delivers solid returns, but there is significant potential to enhance income over time. Current rents are below market, presenting an opportunity for new ownership to gradually increase revenues through natural tenant turnover or strategic updates. A turnkey addition to any investment portfolio, this property combines immediate income with long-term upside in a high-demand rental area.

1576 Caledonia Street, London
$499,900
3 Beds ⋅ 2 Baths ⋅ X11898529 MLS
Great property to add to your investment portfolio. Fully leased until Feb 28, 2025. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. Leased until Feb 28th and the tenants would like to stay. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

764 KING Street, London
$499,900
3 Beds ⋅ 2 Baths ⋅ X11898508 MLS
This former 3 bedroom, on the main level, house has had two rooms made into one large primary bedroom. It could easily be converted back to a three-bedroom main floor home. As an added feature there is an In-law Suite in the basement currently with a tenant. Choose to continue on with the mortgage helper or use it as a single family home. Located off Egerton south of Hamilton Road meaning you are close to the Hamilton Road commercial area and a quick drive or public transit to downtown. Nice detached garage and enough of a green space in the back yard to get out and enjoy some fresh air. It was totally fenced but part of the fence has been taken down to accommodate more parking. Panels are still there if the buyer wants to fence the back yard again.

114 VAUXHALL Street, London