1 Rathgar ST, London, ON N5Z 1Y3
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1 Rathgar ST, London, ON N5Z 1Y3
1 Rathgar ST, London, ON N5Z 1Y3
1 Rathgar ST, London, ON N5Z 1Y3
1 Rathgar ST, London, ON N5Z 1Y3
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Caroline Marshall

Caroline Marshall

+1(705) 388-1792
$ 369,995
Est. payment /mo
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1 Rathgar ST London, ON N5Z 1Y3

4 Beds

2 Baths

1,505 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,505 sqft

Price per Sqft $245

MLS Listing ID 40825171

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,505

Year Built 1909

Annual Tax Amount $4,375

Lot Size 2,657 Sqft

Acres 0.061

Property Sub-Type Single Family Residence

Source Cornerstone

Property Description

This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. With felxible Closing and substantial deposit option exists to provide a unit vacant upon Closing. Opportunity knocks for investors and could be open to owners looking for a mortgage helper opportunity to occpuy a unit. As a solid income property, the three bed Unit 1B is rented at $1,795/mo + hydro currently [Unit 1B is a split level three bedroom unit with unfinished basement] and $1,150/mo + hydro currently for Unit 1A [main level one bedroom unit]; both units have a single parking space included. This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential to add more finsihed rooms (clear height would not faciliate legal bedrooms below grade). Both units feature seperate entrances and Unit 1B also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property includes kitchen appliances and laundry in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals. This property will remain in feeder school district for Thames Valley School Baord for Aberdeen PS with redrawing of districts set to take effect in September 2026.

Location

Province ON

County Middlesex

Area East

Zoning R2-2

Direction From Adelaide St N take Little Simcoe St going Eastbound; Take Rathgar St going Southbound; Property at end of Rathgar St on West side (corner lot at Rathgar St & Little Grey St)

Rooms

Other Rooms Shed(s)

Basement Separate Entrance, Walk-Up Access, Partial, Unfinished

Kitchen 2

Interior

Interior Features Accessory Apartment, Separate Hydro Meters, Other

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Instant Hot Water

Laundry In Basement, In-Suite, Main Level

Exterior

Exterior Feature Private Entrance, Separate Hydro Meters, Year Round Living

Fence Full

Utilities Available Cable Available, Electricity Connected, Garbage/Sanitary Collection, High Speed Internet Avail, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Available

Roof Type Asphalt Shing

Street Surface Paved

Lot Frontage 29.42

Lot Depth 91.33

Garage No

Building

Lot Description Urban, Rectangular, Business Centre, City Lot, Highway Access, Hospital, Industrial Park, Library, Major Anchor, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Other

Faces From Adelaide St N take Little Simcoe St going Eastbound; Take Rathgar St going Southbound; Property at end of Rathgar St on West side (corner lot at Rathgar St & Little Grey St)

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Aberdeen Public School; St. Bernadette Catholic Elementary School

High Schools Central Ss; Hb Beal Ss; Catholic Central Hs

Others

Senior Community false

Tax ID 083090035

Ownership Freehold/None

Listed by EXP REALTY

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

Caroline Marshall

+1(705) 388-1792

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1 Rathgar ST