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1032 Trafalgar Street

1032 Trafalgar Street

London East, ON

  • 2 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Duplex
  • 71 days on market
$399,999Price reduced 7%

Welcome to this well-maintained duplex in London, Ontario, an exceptional opportunity for investors or owner-occupiers looking to maximize their real estate portfolio from day one.This property features two spacious, self-contained one bedroom units across the main and upper levels, both vacant upon possession and ready to lease immediately. Each unit offers generous living space, a full kitchen, and a comfortable bedroom, ideal for attracting quality long-term tenants in London's strong rental market.The unfinished basement with its own separate entrance presents a compelling opportunity to adda third unit in the future, subject to applicable permits and approvals, significantly increasing the income potential of this already attractive investment.Additional highlights include convenient rear parking for up to three vehicles, providing practical day-to-day functionality that tenants value and that supports strong lease-up demand.With both units vacant at possession, investors have the rare flexibility to set rents at current market rates from day one. No inherited tenancies, no waiting, just immediate income potential. Whether you are a seasoned investor looking to add a cash flowing asset to your portfolio or a first time buyer looking to live in one unit and offset your mortgage with the other, this property delivers outstanding flexibility and long term upside.Do not miss this one.

Listing Details

Taxes (2026)
$2,366
Originally Listed
$429,900
Listed
June 26, 2026

Price History

Property

Style
2-Storey
Construction
Brick, Concrete Block
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Carpet Free, Water Heater Owned
Lot Size
26.18 x 97.36 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Trafalgar St and Egerton St.
Parcel Number
082970074
Possession
Flexible
Occupancy
Owner+Tenant

Included

Inclusions
Fridge x2, Stove x2, washer and dryer
Exclusions
All tenant's belongings

Schools

Elementary

  • Trafalgar Public School0.2 km

    Public · Thames Valley DSB · 175 students

    Grade 3 reading: 28% met the provincial standard · Grade 6 math: 9% met the provincial standard

  • Lester B Pearson School for the Arts0.7 km

    Public · Thames Valley DSB · 280 students

    Grade 6 math: 82% met the provincial standard

  • Ealing Public School0.9 km

    Public · Thames Valley DSB · 200 students

    Grade 3 reading: 72% met the provincial standard

Secondary

  • B Davison Secondary School Secondary School0.8 km

    Public · Thames Valley DSB

  • G A Wheable Secondary School1.2 km

    Public · Thames Valley DSB

  • Thames Valley Alternative Secondary School1.8 km

    Public · Thames Valley DSB · 250 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5Z

Population
24,067
Private dwellings
11,008
Median age
40
Average household size
2.3
Median household income
$64,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in London East · last 12 months

Median sold price
$462,500
Homes sold
1,325
Median days on market
24
Sale-to-list price
97.0%

Based on 1,325 recorded sales of residential freehold properties in London East over the last 12 months.

Rooms

3-piece on Main, 4-piece on Second

Second

  • Bedroom10'10" x 9'6"
  • Kitchen9'6" x 9'2"
  • Living Room10'4" x 16'

Main

  • Bedroom9'1" x 10'
  • Kitchen9'4" x 7'
  • Living Room10' x 18'

Listed by

PRIME REAL ESTATE BROKERAGE

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$80,000

Estimated Monthly Payment

$1,965

Land transfer tax

Estimated land transfer tax$4,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,965/mo (20% down, 5.5%)

Taxes: $197/mo · Insurance: $100/mo

Estimates only. Consult a financial advisor.

R

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