For Sale: 1032 Trafalgar Street, London, ON - REW
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$389,900
2 bd • 2 ba • 700 - 1099 sf • Multifamily
1032 Trafalgar Street
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$389,900
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1032 Trafalgar StreetLondon, ON, N5Z 1G4

Hamilton Road
  • 2 Bed
  • 2 Bath
  • 700 - 1099 Sqft
  • Multifamily

About this home

Two large 1-bedroom units projected at $2,900 per month combined, a City of London rental license in place for both, and full vacancy on possession - this turnkey brick duplex lets you set every rent yourself from day one. The main and upper units are fully self-contained, each with a full kitchen, generous living room and its own bathroom, and both are carpet free and ready for a tenant or your own furniture the day you close. Each unit is projected at $1,450 per month at today's market rents, for $34,800 in gross annual income. For the house hacker, the math is simple: live in one unit, lease the other as an income suite, and let your tenant carry a meaningful share of the mortgage while you build equity. For the investor, there are no inherited tenancies, no below-market leases and no waiting. The units are roomy for 1-bedrooms,and some simple layout changes could add a second bedroom to each, widening your tenant pool and lifting rents. Below, the full unfinished basement with its own separate entrance offers a clear path to a third unit as an additional residential unit (ADU), subject to permits and approvals, turning this into a triplex and adding a third rent without buying another property. Rear parking for three vehicles, an owned water heater, and two fridges, two stoves, washer and dryer included round it out. Whether you want to offset your own housing costs or add a cash-flowing asset with built-in upside, this one delivers flexibility now and growth later. (id:63626)
Listed by: JUSTIN KONIKOW, Salesperson, PRIME REAL ESTATE BROKERAGE

Home facts and features

Price details
List Price
$389,900
Get Pre-Approved
Gross Taxes for 2026
$2,366
Home facts
Bedrooms
2
Full Bathrooms
2
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Lot Size
26 ft x 96 ft (2523 ft²)
Depth
96.3 feet
Frontage
26.2 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Unfinished, Full
Features
Carpet Free, Flat site, In-Law Suite
Appliances
Water Heater, Water meter
Community
Agent details
Primary Agent
JUSTIN KONIKOW
Primary Broker
PRIME REAL ESTATE BROKERAGE
Secondary Agent
Secondary Broker
PRIME REAL ESTATE BROKERAGE
Listing details
Days on REW
1 Day
Property Views
18
MLS® Number
X13847638
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Trafalgar Public School
  • Public
  • JK - 8
Holy Cross School
  • Catholic
  • JK - 8
Lester B Pearson School for the Arts
  • Public
  • 4 - 8
B Davison Secondary School
  • Public
  • 9 - 12
Ealing Public School
  • Public
  • JK - 8
G A Wheable School
  • Public
  • K - 12
Aberdeen Public School
  • Public
  • JK - 8
Princess Elizabeth Public School
  • Public
  • JK - 8
St Mary School
  • Catholic
  • 5 - 8
St Sebastian School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
JUSTIN KONIKOW
Phone:
519-860-6547
Cell:
519-473-9992
Office:
519-473-9992
Salesperson
KELLAN JAMES PANICCIA
Office:
519-473-9992
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