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East N, London East
$399,900
Attention first-time buyers, investors, and renovators! Welcome to 1461 Trafalgar Street, an affordable opportunity to enter the London real estate market at an attractive price point. This solid brick bungalow offers timeless potential with its original, untouched interior ready for your personal vision and updates. Featuring 2 bedrooms, 1 full 4-piece bathroom, and a functional main floor layout, this home is ideal for buyers looking to build equity through cosmetic improvements and modernization. The partly finished basement adds additional living space and flexibility for a rec room, den, storage, or future customization. Outside, the property features a detached 2-car garage along with ample driveway parking, providing excellent space for vehicles, hobbies, storage, or a workshop setup. Situated on a mature lot in East London with convenient access to schools, parks, shopping, public transit, and major routes. Whether you're a first-time home buyer searching for value, an investor seeking your next project, or someone looking for a property with renovation potential, this home presents an excellent opportunity in today's market.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,934 |
| Lot Size | 50 ft x 127 ft |
| mls© Number | X14032948 |
| Listed By | PC275 REALTY INC. |
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%
- $2,047
- Property tax
- $244
- Heat allowance
- $150
- Housing costs
- $2,441 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$75,000
gross annual household income
- Payment at 4%
- $1,683 / mo
- Cash down
- $79,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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