$389,900
Est. payment $1,726/moCalculate yours
1032 Trafalgar Street, London East, ON N5Z 1G4
East, London, ON N5Z 1G4
- 2 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of PRIME REAL ESTATE BROKERAGE MLS® X13847638
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 26.17 x 96.33 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $2,366 (2026)
Location
- Neighbourhood
- East
- Cross Street
- Trafalgar Street and Egerton Street
- Direction Faces
- North
Listing
- MLS® Number
- X13847638
- Days on Market
- 17
- Listed On
- 2026-10-01
- Possession
- Flexible
- Listed By
- PRIME REAL ESTATE BROKERAGE
Rooms
Features
Interior
- Carpet Free
- Water Heater Owned
- Water Meter
- In-Law Capability
- In-Law Suite
Property
- Park
- Public Transit
Pool
- None
- Excluded
- All tenant's belongings
Mortgage calculator
Estimated mortgage payment
$1,726 per month
- Principal and interest
- $1,726
- Property tax
- $197
- Condo fees
- $0
- Estimated monthly cost
- $1,924
Your mortgage
- Mortgage amount
- $311,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $205,998
Cash to close
- Down payment
- $77,980
- Land transfer tax
- $4,324
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $82,304
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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