$369,995
3.97 BTC
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1 Rathgar Street, London
$369,995
PRICE
4
BEDROOMS
2
BATHROOMS
X13055838
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. 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 $1,750/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.
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Summary

Address
1 Rathgar Street
City
Community
MLSID
X13055838
Property Type
Detached
Property Category
Bedrooms
4
Bathrooms
2
Kitchens
2
Zoning
R2-2
Taxes (Annual)
$4,375.00
Tax Year
2025
Published
April 28, 2026
Days on Market
26 Days
Possession Type
Flexible
Possession Details
Flexible; Immediate Possible
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Details

Property Features
Fenced Yard, Public Transit, School, School Bus Route, Place Of Worship, Rec./Commun.Centre
Security Features
Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Main Level
Basement
Unfinished, Walk-Up, Development Potential, Partial Basement
Exterior Features
Lighting, Porch, Year Round Living, Deck
Interior Features
On Demand Water Heater, Separate Hydro Meter, Carpet Free, Primary Bedroom - Main Floor
Parking Spaces
2
Parking Total
2
Parking Features
Private, Private Double
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl 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
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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