1032 Trafalgar Street, London East

$384,900
1032 Trafalgar Street

$384,900

Price Change
22d
Detached2-Storey

1032 Trafalgar Street, London East

Total Monthly Obligation $2,125

HausQ Valuation Report
Beds
2
Baths
2
Park
3
Sqft
700-1100
DOM
22d
Score
22
Yield
5.7%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-X13847638
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-26.17 × 96.33 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,366.14 (2026)
Parking-3 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-PRIME REAL ESTATE BROKERAGE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-East M
Title-Residential Freehold

No agent assigned

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!

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$307,920
Land Transfer Taxes$4,249
Legal Fees (Est.)
$
Total cash required for closing$82,729

Total Monthly Obligation

$2,125/mo
Mortgage $1,553
Monthly Loss $1,716
Principal$409
Interest$1,144
Property Tax$197
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.3%38
10-Year IRR
10.9%
Returns Index
19.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,020/yr
NOI
$12,952/yr
Net Cash Flow
-$473/mo
Cash Margin
-25.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
35.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1032 Trafalgar Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.