1 RATHGAR Street London

1 RATHGAR Street, London, Ontario

$369,995

  • 4 Beds
  • 2 Baths
  • 1,505 Square Feet

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. (id:23309)

  • Listing ID: 40825171
  • Property Type: Single Family
  • Year Built: 1909

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Rooms

LevelTypeDimensions
Bedroom Second level 9'0'' x 9'10''
Bedroom Second level 15'3'' x 10'1''
Utility room Basement 16'2''
Storage Basement 11'9''
Kitchen Main level 10'2'' x 13'4''
Living room Main level 10'3'' x 16'5''
Bedroom Main level 11'1'' x 19'0''
4pc Bathroom Main level 9'1'' x 6'1''
Kitchen Main level 8'10'' x 9'1''
Living room Main level 10'4'' x 6'7''
Dining room Main level 10'4'' x 7'7''
Bedroom Main level 9'2'' x 8'3''
4pc Bathroom Main level 6'1'' x 6'5''

Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Community Features: Industrial Park, Community Centre, School Bus
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 2
  • Rental Equipment: Water Heater
  • Structure: Shed
  • Transaction: For sale
  • Zoning Description: R2-2

Building

  • BasementType: Partial (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 4
  • Constructed Date: 1909
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Block
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1505 sqft
  • Stories Total: 1.5
  • Type: House
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Fence: Fence
  • Sewer: Municipal sewage system
  • Size Frontage: 29 ft
  • Size Irregular: 0.061
  • Size Total: 0.061 ac|under 1/2 acre
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1 RATHGAR Street in London Ontario. It was last modified on April 28th, 2026. Contact Paul Busnello to schedule a viewing or to discover other London homes for sale.

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