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
2024-04-29 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 $251,056 (27.0%) lower than the average sold price of $931,056 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 4 bedroom home in London increased by $61,498 (7.1%) compared to the previous 30 day period (July 21 - August 19) and up $91,056 (10.8%) from the same time one year ago.
Inventory Change
There were 156 4-bedroom homes listed in London over the last 30 days (August 20 - September 18), which is up 38.1% compared with the previous 30 day period (July 21 - August 19) and up 609.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($38,057) (4.1%) below asking price over the last 30 days (August 20 - September 18), which represents a $12,934 decrease compared to the previous 30 day period (July 21 - August 19) and ($28,888) less 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 (August 20 - September 18) stood at 43.6%, down from 63.7% over the previous 30 days (July 21 - August 19) and up from 31.8% 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 38 days when successfully sold over the last 30 days (August 20 - September 18), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Land/Max Realty Inc.
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