1227 TRAFALGAR St

East M, London, N5Z 1H6
FOR SALE
$569,500
1227 TRAFALGAR St, London
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
1227 TRAFALGAR St
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3 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 5
ROOMS
X11892203
MLSID
Contact Us
Property Description
Exceptional Investment Opportunity in Old East London. This meticulously maintained property, situated in the vibrant heart of Old East London, presents a compelling investment for both first-time homebuyers and seasoned investors seeking strong returns. Features include a fenced yard, ample parking, and convenient on-site laundry facilities. Each unit is fully equipped generating immediate income from both the main floor and basement. Recent upgrades encompass fresh paint, roof replacement, a high-efficiency furnace, and air conditioning. Its convenient location, within walking distance of Silverwood's Arena, St. Julien Park, schools, shopping, and public transportation, ensures strong rental potential, estimated at approximately $3800 per month. This represents a significant opportunity in a thriving neighborhood.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-31 2024-12-12 42 $569,000 - Terminated
2024-10-04 2024-10-30 26 $599,900 - Terminated
2021-04-26 2021-05-11 15 $449,000 $499,000 Sold
2017-09-29 2017-10-13 17 $234,900 $227,500 Sold
2004-11-25 2004-12-01 9 $109,000 $109,000 Sold
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 82'
Acreage
< .50
Fronting
South
Taxes
$2,352 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain8.83' x 9.25'
LivingMain8.07' x 12.07'
Prim BdrmMain8.07' x 12.07'
BrMain8.07' x 12.07'
BrMain8.07' x 12.07'
RecBsmt10.17' x 18.34'
BrBsmt8.99' x 13.48'
OfficeBsmt8.23' x 8.83'
LaundryBsmt8.43' x 9.09'
London Market Statistics
London Price Trend
1227 TRAFALGAR St is a 3-bedroom 2-bathroom home listed for sale at $569,500, which is $51,147 (8.2%) lower than the average sold price of $620,647 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 3 bedroom home in London declined by $25,100 (3.9%) compared to the previous 30 day period (October 18 - November 16) and up $50,647 (8.9%) from the same time one year ago.
Inventory Change
There were 163 3-bedroom homes listed in London over the last 30 days (November 17 - December 16), which is down 35.3% compared with the previous 30 day period (October 18 - November 16) and up 608.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($12,945) (2.1%) below asking price over the last 30 days (November 17 - December 16), which represents a $170 increase compared to the previous 30 day period (October 18 - November 16) and ($24,900) 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 3-bedroom homes in London over the last 30 days (November 17 - December 16) stood at 104.3%, up from 81.0% over the previous 30 days (October 18 - November 16) and up from 73.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in London stood at 29 days when successfully sold over the last 30 days (November 17 - December 16), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with King Realty Inc.
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