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$ 399,999
Est. payment /mo
Price Dropped by $29K
1032 TRAFALGAR STREET London East (east M), ON N5Z1G4
2 Beds
2 Baths
700 SqFt
Open House
Sun Aug 09, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700 - 1100
Square Footage 700 sqft
Price per Sqft $571
Subdivision East M
MLS® Listing ID X13494546
Bedrooms 2
Property Description
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. (id:24570)
Location
State ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 3.3 m X 2.9 m Bedroom
Extra Room 2 Second level 2.9 m X 2.79 m Kitchen
Extra Room 3 Second level 3.15 m X 4.88 m Living room
Extra Room 4 Main level 2.76 m X 3.04 m Bedroom
Extra Room 5 Main level 3.04 m X 5.48 m Living room
Extra Room 6 Main level 2.84 m X 2.13 m Kitchen
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by PRIME REAL ESTATE BROKERAGE