Address
1 Rathgar Street, London East, ON
Price
$ 369,995
Property Attributes
- MLS#X13055838
- TypeSingle Family
- Listing Status New
- CityLondon East
- AreaEast L
- NeighbourhoodEast L
- Postal CodeN5Z 1Y3
- Style1 1/2 Storey
- Taxes$ 4375
- Price$ 369,995
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1500-2000
- Lot Size0.061 Acres
Data Source:
Toronto Real Estate Board (TRREB)
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.
| Price History | |
|---|---|
| 4/29/2026 | Listed $369,995 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | None |
| Roof | Asphalt Shingle |
| Architectural Style | 1 1/2 Storey |
| Pool Features | None |
| Security Features | Carbon Monoxide Detectors,Smoke Detector |
| Construction Materials | Vinyl Siding |
| Heater Type | Forced Air |
| Parking Spaces | 2 |
| Topography | Flat |
| Property Subtype | Detached |
| Tax Year | 2025 |
| Lot Depth | 91.33 |
| PropertyFeatures | Fenced Yard,Public Transit,School,School Bus Route,Place Of Worship,Rec./Commun.Centre |
| County | Middlesex |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | West |
| Garage Y/N | No |
| Other Structures | Fence - Full,Shed |
| Status | New |
| City | London East |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 4375.0 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 163000 |
| Legal Description | LT 14 PLAN 444(3RD); S/T & T/W 801465 LONDON |
Interior Features
| Interior Amenities | On Demand Water Heater,Separate Hydro Meter,Carpet Free,Primary Bedroom - Main Floor |
|---|---|
| Basement | Unfinished,Walk-Up,Development Potential,Partial Basement |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 4 |
| Elevator? | No |
| Total Baths | 2 |
| Bedrooms | 4+0 |
| Living Area Range | 1500-2000 |
Exterior Features
| Exterior Amenities | Lighting,Porch,Year Round Living,Deck |
|---|---|
| Parking Features | Private,Private Double |
| Total Parking | 2.0 |
| Garage Type | None |
| Foundation Details | Concrete Block |
| Spa | No |
| Lot Size Source | MPAC |
| Waterfront Y/N | No |
| Covered Spaces | 0.0 |
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
Taxes
Visits
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