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1 RATHGAR Street

East L, London, N5Z1Y3

Listed by EXP REALTY

$339,900

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  • 4 bedrooms
  • 2 bathrooms
  • 2 parking
  • 1505 sq ft

Listed 176 days ago · MLS® 40825171

About this home

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. (id:66966)

Details

Type
Detached
Style
Bungalow
Size
1505 sq ft
Basement
Unfinished, Partial
Property tax
$4,375
Neighbourhood
East L
Municipality
London

Interior

Bedrooms
4 above ground
Fireplace
No

Heating, cooling and services

Heating
Forced air, Natural gas
Water and sewer
Municipal sewage system

Building and exterior

Style
Bungalow
Year built
1909
Foundation
Block
Outdoor
Vinyl siding

Parking

Total parking
2
Driveway and parking
Open

Rooms

RoomLevelSizeFeatures
Utility roomBasement16'2''
StorageBasement11'9''
BedroomSecond level9'10'' x 9'0''
BedroomSecond level10'1'' x 15'3''
KitchenMain level13'4'' x 10'2''
Living roomMain level16'5'' x 10'3''
BedroomMain level19'0'' x 11'1''
4pc BathroomMain level6'1'' x 9'1''
KitchenMain level9'1'' x 8'10''
Living roomMain level6'7'' x 10'4''
Dining roomMain level7'7'' x 10'4''
BedroomMain level8'3'' x 9'2''
4pc BathroomMain level6'5'' x 6'1''

Price history

DatePriceChange
Aug 11, 2026$369,995Listed
Oct 22, 2026$339,900−$30,095

Location

Location is approximate. See nearby homes on the map

Listed by EXP REALTY.

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