1 Rathgar Street London East (East L), ON

$348,888
|
3 Beds
|
  2 Full
|

PROPERTY INFO

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. (id:4555)

PROPERTY SPECS

Listing ID X12301552
Address 1 RATHGAR STREET
City London East (East L), ON
Price $348,888
Bed / Bath 3 / 2 Full
Construction Steel
Land Size 29.4 x 91.3 FT ; 91.33 ft x 28.69 ft x 91.26 ft x 29.46ft
Type Duplex
Status For sale

EXTENDED FEATURES

Appliances All, Dryer, Two Refrigerators, Two stoves, Washer, Water Heater - Tankless, Water meterBasement FullBasement Development UnfinishedParking 2Amenities Nearby Hospital, Public Transit, SchoolsCommunity Features Community Centre, School BusEquipment Water Heater, Water Heater - TanklessFeatures Dry, Flat siteRental Equipment Water Heater, Water Heater - TanklessStructure ShedBuilding Amenities Separate Electricity MetersCooling Central air conditioningFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-07-23 14:00:51Days on Market 84Parking 2

REQUEST MORE INFORMATION

LISTING OFFICE:
Exp Realty, Nathan Blanco

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