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    For Sale - 1 Rathgar Street, London East, Ontario

    Est payment $1,632/mo
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    Views   2
    Time on Jump  177 day

    AI Summary *

    • Legal side-by-side duplex near London's core with separate entrances.
    • Spacious two-bedroom unit and a one-bedroom unit with income potential.
    • Large unfinished basement offers development potential for additional rooms.
    • Close to downtown, schools, and transit routes for convenience.
    • Roof replaced in 2026 with included kitchen appliances and laundry.




    This turnkey rental property is legal side-by-side 1. 5 story duplex near london's core; featuring a separately metered very spacious split level two bed unit with basement and a main level one bed unit. 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 income to help pay down the mortgage. Seller willign to negotiate to provide one or both of the units vacant for closing. Roof replaced new in 2026. 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 IDX13055766
    Address1 Rathgar Street
    CityLondon East, Ontario
    Price$339,900
    Bed / Bath4 / 2 Full
    Style1 1/2 Storey, Duplex
    ConstructionVinyl Siding
    Land Size0.061
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor 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

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    Listing Brokerage: 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.

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    1 Rathgar Street
    London East , Ontario
    4 2 $339,900
    Get more info