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$269,900
London East
#325 2230 Trafalgar Street, London East (East I), Ontario, N5V4J9
This 1-bedroom, 1-bathroom condo in London East is for sale. Listed at $269,900, it is attractively priced about 21% below the $342,900 median asking price in London East.
Beautifully Renovated One-Bedroom Investment Opportunity - Cash Positive! Welcome to this beautifully renovated and spacious one-bedroom condo, offering the perfect combination of style, comfort, and investment potential. The thoughtfully designed layout features a large breakfast bar, a cozy gas fireplace, spacious double closets in the bedroom, and the convenience of in-suite laundry. This exceptional property is fully leased to an excellent tenant until July 31, 2027, providing immediate, reliable rental income and making it a cash-positive investment for savvy investors. Enjoy the benefits of low maintenance fees, professional management by a well-managed condominium corporation, and access to the building's outdoor swimming pool. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this condo offers outstanding value and peace of mind. Property is tenanted. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 105 days on market, against an average age of 51 days across the listings currently for sale in this city
This 1-bed single family in London East (East I) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $269,900, about 3.6× the local median household income of $74,500.
Carrying it typically needs a household income of about $52,721 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N5V)
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Loading rates, 30-yr amortization
Cash Needed to Close
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