1121 TRAFALGAR St

London, N5Z 1G9
FOR SALE
$680,000
1121 TRAFALGAR St, London
1121 TRAFALGAR St
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4 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
7 + 4
ROOMS
X9232730
MLSID
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Property Description
Fabulous Investment Opportunity To Own This Property Located In The Heart Of Old East London. 4 Vehicle Parking In The Back Alley. On Site Laundry. Main Floor 2 Bd + Den And 4 pc Bath. Upper Unit Is A 1 Bedroom 1 Bath. Both Units Are Leased . 3rd Unit In The Basement Which Is Currently Vacant. Fully Fenced Yard. All Units Come Equipped With Fridge And Stove.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-21 2024-11-20 91 $499,000 - Expired
2024-04-29 2024-07-25 87 $549,000 - Expired
2023-02-09 2023-02-21 12 $699,999 - Terminated
Property Details
City
Property Type
Triplex, 1 1/2 Storey
Lot Size
36' x 120'
Fronting
South
Taxes
$2,572 (2023)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
London Market Statistics
London Price Trend
1121 TRAFALGAR St is a 4-bedroom 3-bathroom home listed for sale at $680,000, which is $204,160 (23.1%) lower than the average sold price of $884,160 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in London increased by $6,902 (0.8%) compared to the previous 30 day period (September 24 - October 23) and down $87,040 (9.0%) from the same time one year ago.
Inventory Change
There were 133 4-bedroom homes listed in London over the last 30 days (October 24 - November 22), which is down 14.7% compared with the previous 30 day period (September 24 - October 23) and up 638.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($24,809) (2.8%) below asking price over the last 30 days (October 24 - November 22), which represents a $4,703 decrease compared to the previous 30 day period (September 24 - October 23) and ($30,560) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in London over the last 30 days (October 24 - November 22) stood at 63.9%, up from 41.7% over the previous 30 days (September 24 - October 23) and up from 27.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in London stood at 34 days when successfully sold over the last 30 days (October 24 - November 22), compared to 71 days before being removed from the market upon being suspended or terminated.
Listing contracted with Land/Max Realty Inc.
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