For Sale - 1 Rathgar Street, London East, Ontario

Est payment $1,777/mo
Views   1
Time on Jump  1 days
  • Spacious side-by-side duplex with separate metering for each unit.
  • Currently rented units offer solid income potential for investors.
  • Flexible closing options available, potential for vacant possession.
  • Large unfinished basements provide development opportunities for added space.
  • Conveniently located near downtown, schools, and public transit.



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 IDX13055838
Address1 Rathgar Street
CityLondon East, Ontario
Price$369,995
Bed / Bath4 / 2 Full
Style1 1/2 Storey, Detached
ConstructionVinyl Siding
Land Size0.061
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features On Demand Water Heater, Separate Hydro Meter, Carpet Free, Primary Bedroom - Main FloorOutdoor Features Lighting, Porch, Year Round Living, DeckAmenities Fenced Yard, Public Transit, School, School Bus Route, Place Of Worship, Rec./Commun.CentreOwnership FreeholdBasement Unfinished, Walk-Up, Development Potential, Partial BasementFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
ASAP

Wed

29

Apr

Thu

30

Apr

Fri

1

May

Sat

2

May

Sun

3

May

Mon

4

May

Tue

5

May

Wed

6

May

Thu

7

May

Fri

8

May

Sat

9

May

Sun

10

May

Mon

11

May

Tue

12

May

Wed

13

May

Thu

14

May

Fri

15

May

Sat

16

May

Sun

17

May

Mon

18

May

Tue

19

May

Wed

20

May

Thu

21

May

Fri

22

May

Sat

23

May

Sun

24

May

Mon

25

May

Tue

26

May

Wed

27

May

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:  EXP REALTY

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

Loading...
1 Rathgar Street
London East , Ontario
4 2 $369,995
Get more info