$349,900
2.93 BTC
Photos
1 Rathgar Street, London
$349,900
PRICE
4
BEDROOMS
2
BATHROOMS
X12527174
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. Opportunity knocks, it's calling the right buyer with high rent potential ($3,400+/month for both units [$2,000 for Unit 1B - split level three bedroom unit with unfinished basement and $1,400 for Unit 1A - main level one bedroom unit; each with their own parking space]; even more for a Buyer that opts to add an additional unit). 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. Both units feature seperate entrances and one unit also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual, couple or family looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Clear height of the basement throughout the majority of basement is around 6'5"; making it viable for additional finished space or possibly a future third unit incorporating part of the main level. With the addition of a third unit rent potential could be truly maximized (with $4,300+/month [$1,700/month for modified Unit 1B - split level two bedroom unit , $1400/month for Unit 1A - main level one bedroom unit; and $1,200/month for newly added "Unit 1C" main and lower level studio unit, each with their own parking space]). Consideration for adding additional unit(s) will be at the discretion of the Buyer and entirely up to their due diligence. Property is being sold "as is/ where is" without any warranties from the Seller. Property is now being offered with vacant possession. Kitchen appliances to be added. 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.
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Summary

Address
1 Rathgar Street
City
Community
MLSID
X12527174
Property Type
Duplex
Property Category
Bedrooms
4
Bathrooms
2
Kitchens
2
Zoning
R2-2
Taxes (Annual)
$2,733.00
Tax Year
2025
Published
November 9, 2025
Days on Market
50 Days
Possession Type
Immediate
Possession Details
Immediate/Flexible
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Inclusions

2 Stoves, 2 Fridges, 2 Washers

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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