NEW! Buy and sell safely with virtual options - Learn More
About the Listing KW362 - WR60428
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 $1,750/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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Instant Hot Water
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1505
- Below Ground Sq Ft: n/a
- Basement: Separate Entrance,Walk-Up Access,Partial,Unfinished
- Other: Accessory Apartment,Separate Hydro Meters,2 Kitchens
- Water: Municipal
Exterior Details
- Lot Description: 91.33 ft x 28.69 ft x 91.26 ft x 29.46 ft,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
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 29.42 x 91.33
- Zoning: R2-2
- Roof: Asphalt Shing
- Others: Private Entrance,Separate Hydro Meters,Year Round Living,Fully Winterized
- Sewer: Sewer (Municipal)
- Parking Features: Outside/Surface/Open,Private Drive Double Wide
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 083090035
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1 Rathgar St London, ON N5Z 1Y3
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
