Residential in London

CA$369,995

1 Rathgar, N5Z 1Y3, London, ON

Residential for sale in London, 1 Rathgar, N5Z 1Y3, 1505 m²

1 Rathgar, N5Z 1Y3, London, ON

CA$369,995

4Bed
2Bath
1505
Type: Residential

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.

Location

1 Rathgar, N5Z 1Y3, London, ON

Data

Object TypeResidential
Purchase PriceCA$369,995
Living Space1505 m²
Plot Size246.86 m²
Bathrooms2
Construction Year1909
ConditionNot specified
Rooms13

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1909
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent