1 Rathgar Street London, Ontario N5Z 1Y3
$349,000
This legal side-by-side 1.5 story duplex near London's core features a separately metered three bed unit and a spacious two bed unit. Oppurtunity knocks, it’s calling the right buyer with high rent potential ($3500/month for both units). Owners will be cosmetically improving both units starting August 1st with all new paint & floors. 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. 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. Could be offered vacant possession or fully tenanted with newly placed tenants. 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. (id:63008)
Property Details
| MLS® Number | 40753864 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | Industrial Park, Community Centre, School Bus |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructedDate | 1909 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1505 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 91 Ft |
| SizeFrontage | 29 Ft |
| SizeIrregular | 0.061 |
| SizeTotal | 0.061 Ac|under 1/2 Acre |
| SizeTotalText | 0.061 Ac|under 1/2 Acre |
| ZoningDescription | R2-2 |
https://www.realtor.ca/real-estate/28641254/1-rathgar-street-london
Nathan Blanco
Salesperson
7-871 Victoria Street North Unit: 355
Kitchener, Ontario N2B 3S4
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July 24 2025 07:15:34
Kitchener-Waterloo Association of REALTORS®
Exp Realty