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$399,900
London East
1461 Trafalgar Street, London East (East N), Ontario, N5W1W8
This 2-bedroom, 1-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $399,900, it is attractively priced about 20% below the $499,000 median asking price in London East. It has been on the market 23 days, fresher than the London East average of 62 days.
Attention first-time buyers, investors, and renovators! Welcome to 1461 Trafalgar Street, an affordable opportunity to enter the London real estate market at an attractive price point. This solid brick bungalow offers timeless potential with its original, untouched interior ready for your personal vision and updates. Featuring 2 bedrooms, 1 full 4-piece bathroom, and a functional main floor layout, this home is ideal for buyers looking to build equity through cosmetic improvements and modernization. The partly finished basement adds additional living space and flexibility for a rec room, den, storage, or future customization. Outside, the property features a detached 2-car garage along with ample driveway parking, providing excellent space for vehicles, hobbies, storage, or a workshop setup. Situated on a mature lot in East London with convenient access to schools, parks, shopping, public transit, and major routes. Whether you're a first-time home buyer searching for value, an investor seeking your next project, or someone looking for a property with renovation potential, this home presents an excellent opportunity in today's market. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 23 days on market, against an average age of 62 days across the listings currently for sale in this city
This 2-bed single family in London East (East N) has been listed for 23 days, which is 39 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,900, about 6.2× the local median household income of $64,500.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5W)
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Loading rates, 30-yr amortization
Cash Needed to Close
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