$ 389,900

1032 Trafalgar Street, London East

Two large 1-bedroom units projected at $2,900 per month combined, a City of London rental license in place for both, and full vacancy on possession - this turnkey brick duplex lets you set every rent yourself from day one. The main and upper units are fully self-contained, each with a full kitchen, generous living room and its own bathroom, and both are carpet free and ready for a tenant or your own furniture the day you close. Each unit is projected at $1,450 per month at today's market rents, for $34,800 in gross annual income. For the house hacker, the math is simple: live in one unit, lease the other as an income suite, and let your tenant carry a meaningful share of the mortgage while you build equity. For the investor, there are no inherited tenancies, no below-market leases and no waiting. The units are roomy for 1-bedrooms,and some simple layout changes could add a second bedroom to each, widening your tenant pool and lifting rents. Below, the full unfinished basement with its own separate entrance offers a clear path to a third unit as an additional residential unit (ADU), subject to permits and approvals, turning this into a triplex and adding a third rent without buying another property. Rear parking for three vehicles, an owned water heater, and two fridges, two stoves, washer and dryer included round it out. Whether you want to offset your own housing costs or add a cash-flowing asset with built-in upside, this one delivers flexibility now and growth later. (id:1945)
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Property details for 1032 Trafalgar Street, London East

Type
Multi-family
Bedrooms
2
Bathrooms
2
Lot Size
26.2 x 96.3 FT
Stories
2
Basement
Unfinished, Full
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
None
Exterior
Brick
Annual Taxes
$2,366

Nearby Listings Stat

Estimated price and comparable properties near 1032 Trafalgar Street

Active Listings
13
Min Price
$199,900
Max Price
$680,000
Avg Price
$397,438
Days on Market
33
days
Sold Listings
9
Min Sold Price
$214,900
Max Sold Price
$675,000
Avg Sold Price
$383,277
Days until Sold
60
days

Neighbourhood Census Data

London, Ontario

Population
604
Median Age
42.4
Median Income
$29,141
Dwelling Value
$157,145

Housing Tenure

Owners 67%
Renters 30%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 1,226.9/km²
Avg Shelter Cost: $949/mo
Owners with Mortgage: 84.6%
Owners Spending 30%+: 15.4%
Tenants Spending 30%+: 38.9%
English only: 93.2%
English and French: 5.1%
Neither: 1.7%
Median Household Income: $54,144
Median Employment Income: $30,288

Price History

Listed
October 1, 2026
by PRIME REAL ESTATE BROKERAGE
Current Price
$389,900
-2.5% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $389,900 $10,099 (-2.5%)
Oct 1, 2026 $399,999 $29,901 (-7%)
Jul 20, 2026 $429,900 Listed

Contact Agent Get in touch about 1032 Trafalgar Street, London East

JUSTIN KONIKOW
JUSTIN KONIKOW
PRIME REAL ESTATE BROKERAGE