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Listed price in listed location currency (CAD).
$349,900

422

MLS® 40786920

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1505 sqft
Garage No
Taxes $2,733
Days Active 37
Lot Size 0.061 acres
Approx. Age 1909
Avg. Price Per Sqft $232
MLS® Number 40786920

Property Address: 1 Rathgar St, London, ON, N5Z1Y3

Average square foot calculated using Size range provided by listing agent.

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. Opportunity knocks, it's calling the right buyer with high rent potential ($3, 400+/month for both units [$2, 000 for Unit 1B - split level three bedroom unit with unfinished basement and $1, 400 for Unit 1A - main level one bedroom unit; each with their own parking space]; even more for a Buyer that opts to add an additional unit). 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. Both units feature seperate entrances and one unit also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual, couple or family looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Clear height of the basement throughout the majority of basement is around 6'5"; making it viable for additional finished space or possibly a future third unit incorporating part of the main level. With the addition of a third unit rent potential could be truly maximized (with $4, 300+/month [$1, 700/month for modified Unit 1B - split level two bedroom unit , $1400/month for Unit 1A - main level one bedroom unit; and $1, 200/month for newly added "Unit 1C" main and lower level studio unit, each with their own parking space]). Consideration for adding additional unit(s) will be at the discretion of the Buyer and entirely up to their due diligence. Property is being sold "as is/ where is" without any warranties from the Seller. Property is now being offered with vacant possession. Kitchen appliances to be added. 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.
MLS® Number40786920
Laundry LevelIn-Suite
Central VacNo
FireplaceNo
Acreage0.061
Exterior
GarageNo
Approx. Age1909
BasementSeparate Entrance, Walk-Up Access, Full, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

None, 2 Fridges, 2 Stoves, 2 Washers

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 9, 2025List Date
$349,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1 Rathgar St, London, ON

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