1291 Trafalgar Road
London East, N5Z 1H8·MLS® X13178600·
Listing courtesy of Royal Lepage Triland Realty·Updated May 27
Listing price
$340,000
Est. $1,619/mo
Days on market
Listed May 26, 2026
Description
Affordable opportunity with excellent potential! This modest 2-bedroom home is a great option for a starter home or an investment option. Main floor features a foyer, combined living/dining area, a newer kitchen with updated appliances, two bedrooms and a large 4-piece bathroom. The lower level includes two separate dens, a 3-piece bath, and laundry hookup, providing flexible space for extended family, home office use. The kitchen also gives access to the backyard patio, the perfect spot for BBQing. The rear yard is fully fenced with a large drive in gate. There is also parking for 4 cars in the driveway. Desirable R2-2 zoning adds future value and investment possibilities. A great option for first-time buyers, renovators, or investors looking to add their personal touch.
Property details
Basement
Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$3,575
First-time rebate
−$3,575
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$435,000
26 Apeldoorn Crescent, London East
Sold$495,000
1548 Dale Street, London East
See all 10 comparables
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Market conditions · East M
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$1,360
Rental yield
4.8%
Est. cash flow
-$949
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$86,575
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$323,000
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