eliminating Nokia ONT using SFP on Actiontec T3200 M

If you got the SFP from a friend, no that one won't just work. They are serialized and tied to one connection / account and if that account is no longer active or their SFP was replaced, the old SFP won't function without a tech on site doing the install to get it registered to your connection / hardware. If you really want to really relocate the the ONT/T3200, I'd suggest calling Telus to get a tech out both for the SFP and to retrieve the ONT that you're no longer using.

I personally prefer having my ONT plus the T3200 and I'm on gigabit fibre. I have seen T3200s with the SFP in them. The SFP and fibre sticks out the back quite a bit so you need a fair bit of clearance behind the T3200m.