908 Trafalgar Street
London East, N5Z 1G2·MLS® X13648292
Listing courtesy of King Realty INC.·Updated 3 hours ago
Listing price
$525,000
Est. $2,500/mo
Days on market
Listed Aug 7, 2026
Description
Welcome to 908 Trafalgar Street - a turn-key investment offering strong cash flow and excellent upside potential.The main floor features a spacious three-bedroom unit, currently rented on a 12-month lease that began April 1, 2026.The upper level offers a bright 1-bedroom + den unit, currently rented on a 12-month lease that began May 1, 2026. The lower level presents an outstanding value-add opportunity, featuring a separate entrance and framing already completed for a future 2-bedroom suite. With the layout already in place, this space offers excellent potential to become a third income-producing unit, significantly increasing the property's overall cash flow. Whether you're an investor looking to expand your portfolio or a buyer seeking a property with future income growth, 908 Trafalgar Street offers immediate rental income, substantial upside, and long-term investment potential.
Property details
Basement
Separate Entrance, Full
Parking
3 spaces
Type
Duplex — 1 1/2 Storey
Heating
Forced Air
Property tax
$4,543/yr (2025)
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
$6,975
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 5 times · asking price down 25% from the first ask
Listed Aug 7, 2026
Listed Feb 9, 2026 · 60 days on market
Apr 10, 2026
Listed Dec 7, 2025 · 30 days on market
Jan 6, 2026
Listed Sep 3, 2025 · 88 days on market
Nov 30, 2025
Listed Feb 13, 2023 · 75 days on market
Apr 29, 2023
253 days on the market in total across 5 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$345,000
524 Simcoe Street, London East
Sold$589,000
165 King Edward Avenue, London South
See all 6 sold comparables
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Market conditions · London East
Avg. sold price
$442,750
Sale-to-list ratio
95.8%
Based on 6 recent comparable sales near this home.
Affordability
Minimum household income required
$128,557
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colin@searchlondonhomes.com
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