$348,888
2.24 BTC
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1 Rathgar Street, London
$348,888
PRICE
3
BEDROOMS
2
BATHROOMS
X12301552
MLSID

1 Rathgar Street, London

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, its 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.
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Summary

Address
1 Rathgar Street
City
Community
MLSID
X12301552
Property Type
Duplex
Property Category
Bedrooms
3
Bathrooms
2
Kitchens
2
Zoning
R2-2
Taxes (Annual)
$2,564.00
Tax Year
2024
Published
July 23, 2025
Days on Market
99 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

2 Fridges, 2 Stoves, Stacked Washer & Dryer Set, Washer, Dryer (All Appliances in "as is/ where is " Condition)

Exclusions

None

Details

Property Features
Arts Centre, Public Transit, School Bus Route, School, Hospital, Rec./Commun.Centre
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Main Level
Basement
Unfinished, Full
Interior Features
Accessory Apartment, Water Meter, Separate Hydro Meter, Primary Bedroom - Main Floor, On Demand Water Heater
Parking Spaces
2
Parking Total
2
Parking Features
Private Double
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Metal/Steel Siding
Lot Size
0 Acres
Lot Width
29 Feet
Lot Depth
91 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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