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1 RATHGAR Street, London, Ontario, N5Z1Y3

MLS: 40825152 | Duplex (Freehold)

$369,995

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Property Description

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:64974)

Directions: From Adelaide St N take Little Simcoe St going Eastbound; Take Rathgar St going Southbound; Property at end of Rathgar St on West side (corner lot at Rathgar St & Little Grey St)

Quick Facts

Property Type: Duplex (Freehold)
Bedrooms: 4
Bathrooms: 2
Living Area: 1,505 sq ft (139.8 m²)
Above Grade: 1,505 sq ft (139.8 m²)
Year Built: 1909
Ownership: Freehold
Attached: Yes
Parking: 2.0 spaces (Open)
Lot Size: 0.0610 acres (0.02 ha)
Frontage: 29 ft (8.8 m)

Costs

Annual Taxes: $4,375.00

Listing Provided by: EXP REALTY
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

Heating: Forced air, Natural gas
Cooling: None
Basement: Unfinished, Partial

Exterior & Construction

Exterior: Vinyl siding
Foundation: Block
Fencing: Fence
Sewer: Municipal sewage system
Water: Municipal water

Lot & Land

Lot Size: 0.0610 acres (0.02 ha)
Frontage: 29 ft (8.8 m)
Zoning: R2-2

Community & Neighbourhood

Community: School Bus, Community Centre, Industrial Park
Subdivision: East L

Listing Information

MLS® Number40825152

BoardCornerstone

Originating SystemCornerstone Association of REALTORS®

BrokerageEXP REALTY

Date ListedApril 28, 2026

Last UpdatedApril 28, 2026

Listing History

MLS listing activity for 1 RATHGAR Street, London, Ontario, N5Z1Y3 — dates reflect when changes were recorded in the DDF

	Date	Days on Market	Price	Event	Listing ID
●	4/28/2026	0	$369,995	Listed (For Sale)	40825152

Location & Neighborhood

📍1 RATHGAR Street, London, Ontario, N5Z1Y3

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Home Price

Down Payment 20%

Interest Rate (%)

Amortization

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Condo / Strata Fee ($/mo)

Annual Household Income

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Home Price

Down Payment 6.8%

Purchase Price

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First-time home buyer

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