Address
1 Rathgar Street, London, ON
Price
$ 369,995
Property Attributes
- ID#40825171
- TypeSingle Family
- Listing Status Active
- MunicipalityLondon
- CityLondon
- AreaLondon
- NeighbourhoodEast L
- Postal CodeN5Z 1Y3
- Style
- Year Built1909
- Price$ 369,995
- Bedrooms4
- Bathrooms2
- Half Bathrooms0
- Sqr Footage1505
- Lot Size0.061 Acres
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)
General Features
| Community Features | Industrial Park, Community Centre, School Bus |
|---|---|
| Property Type | Single Family |
| Zoning Description | R2-2 |
| Amenities | Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping |
| Building Cooling Type | None |
| Location Description | 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) |
| Parking Space Total | 2 |
| Foundation Type | Block |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 1.5 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Unfinished |
| Basement Type | Partial (Unfinished) |
| Construction Style Attachment | Detached |
| Living Area Range | 1505 |
| Bedrooms | 4 |
Exterior Features
| Structure | Shed |
|---|---|
| Land Amenities | Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal sewage system |
| Exterior Finish | Vinyl siding |
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 4pc Bathroom | 6'1'' x 6'5'' | Main level | ||
| Bedroom | 9'2'' x 8'3'' | Main level | ||
| Dining room | 10'4'' x 7'7'' | Main level | ||
| Kitchen | 8'10'' x 9'1'' | Main level | ||
| Living room | 10'4'' x 6'7'' | Main level | ||
| Storage | 11'9'' | Basement | ||
| Utility room | 16'2'' | Basement |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in N5Z 1Y3
Price
Year Built
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating