1 Rathgar Street, London, ON

$348,888

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5

Beds

2

Baths

1,505

Square feet

0.06

Acres

About 1 Rathgar Street

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. Oppurtunity knocks, it’s calling the right buyer with high rent potential ($3100+/month for both units; more for ambitious Buyer that opts to add an additional unit[s]). 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 unfinsihed basement space offering lots of development potential. Both units feature seperate entrances and one unit also has backyard access. Solid dual income rental property or for someone looking for income offset potential to live in one unit and use the rent from the other unit to pay down the mortgage. Clear height of basement throughout majority of basement is around 6'5"; making it viable for additonal finished space or possibly a future third unit incorporating part of the main level. Consideration for adding addtional unit(s) will be at the discretion of the Buyer and entirelt up to their due dilligence. Property is being sold "as is/ where is" without any warrenties from the Seller. Property is now being offered with vacant possession and is currently vacant. This property is close to the downtown core, near to many elementary, secondary and specialized schools, offers access to ample public transist routes, and is in close proximity to hospitals.

Features of 1 Rathgar Street

MLS® # 40753864
Price $348,888
Bedrooms 5
Bathrooms 2.00
Square Footage 1,505
Acres 0.06
Year Built 1909
Type Residential Income
Sub-Type Duplex Side/Side
Status Active

Community Information

Address 1 Rathgar Street
Area East
Subdivision East L
City London
County Middlesex
Province ON
Postal Code N5Z 1Y3

Amenities

Parking Spaces 2
Parking Gravel
# of Garages 0.00
Is Waterfront No

Interior

Interior Features Accessory Apartment, Separate Hydro Meters, Other
Appliances Instant Hot Water, Refrigerator, Stove
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Has Basement Yes
Basement Separate Entrance, Walk-Up Access, Full, Unfinished

Exterior

Exterior Features Private Entrance, Separate Hydro Meters, Year Round Living
Lot Description 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, Other
Roof Asphalt Shing
Construction Vinyl Siding
Foundation Concrete Block

School Information

Elementary Aberdeen Public School; St. Bernadette Catholic Elementary School
High Central Ss; Hb Beal Ss; Catholic Central Hs

Additional Information

Date Last Updated October 16th, 2025
Zoning R2-2

Listing Details

OfficeEXP REALTY

Listing Map

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