



































1032 Trafalgar Street
East M, London East
$384,900
Finally! An affordable detached brick home at $384,900, PLUS an additional licensed income suite projected at $1,450 a month and the potential to buy with as little as 5% down (about $19k) for a qualified owner-occupant. Minutes to downtown, own your own detached home without giving up location. Live on one floor and let the other help carry the mortgage. The main and upper levels are each fully self-contained with a full kitchen, living room, bedroom and bathroom, both are carpet free, and a City of London rental licence is already in place for both units. With full vacancy on possession, you pick your own tenant at today's rents instead of inheriting someone else's lease, or have an entire suite available for your family! The full unfinished basement has its own separate entrance, giving you storage and room to grow. Rear parking for three vehicles, an owned water heater, two fridges, two stoves, and washer and dryer are all included, and annual taxes are just $2,366. No rental water heater, no inherited tenancy, no below-market lease. Just a detached home on a 26 x 96 ft lot that pays you back!
No extras listed.
Visit this home
Pick a time that works for you.
No upcoming open houses.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,366 |
| Lot Size | 26.17 ft x 96.33 ft |
| mls© Number | X13847638 |
| Listed By | PRIME REAL ESTATE BROKERAGE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,970
- Property tax
- $197
- Heat allowance
- $150
- Housing costs
- $2,317 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$71,000
gross annual household income
- Payment at 4%
- $1,620 / mo
- Cash down
- $76,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
Nearby listings
Comparable sales
- No similar listings found.













































































































































































































































































































































































































































































































































































































































































































































































