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1227 TRAFALGAR STREET, London East (East M) — listed at $579,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional Investment Opportunity in Old East London! This well-maintained income property offers an excellent opportunity for first-time buyers and investors alike, featuring Seprate Entrance four parking spaces, a private fenced yard, and convenient on-site laundry. Both the main-floor and lower-level units offer strong rental potential and the opportunity for immediate income. Recent updates include fresh paint, a newer roof, high-efficiency furnace, and air conditioning, providing added comfort and peace of mind. Ideally located within walking distance of Silverwood Arena, St. Julien Park, schools, shopping, public transit, and other everyday amenities, this property combines convenience with excellent investment potential, with estimated rental income of approximately $3,800 per month including Upper and lower portion . A great opportunity to own an income-generating property in a growing and desirable London neighbourhood. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,722, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: Separate entrance, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes 4 spaces — No Garage.
Could this work as an investment property?+
The basement description mentions: Separate entrance, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in London East (East M) before counting on it.
Is 1227 TRAFALGAR STREET a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
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