ON > London East > East L
London East, ON N5Z 1Y3,1 Rathgar ST
London East, ON N5Z 1Y3,1 Rathgar ST
London East, ON N5Z 1Y3,1 Rathgar ST
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$348,888
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3 Beds
2 Baths
Active

1 Rathgar ST London East, ON N5Z 1Y3

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East L

MLS Listing ID X12301552

Style 1 1/2 Storey

Bedrooms 3

Annual Tax Amount $2,564

Tax Year 2024

Property Sub-Type Duplex

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. 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.

Location

Province ON

County Middlesex

Community East L

Area Middlesex

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 2

Interior

Interior Features Accessory Apartment, Water Meter, Separate Hydro Meter, Primary Bedroom - Main Floor, On Demand Water Heater

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Topography Flat,Dry

Lot Frontage 29.42

Lot Depth 91.33

Total Parking Spaces 2

Building

Building Age 100+

Unit Features Arts Centre,Public Transit,School Bus Route,School,Hospital,Rec./Commun.Centre

Foundation Concrete Block

Others

ParcelsYN Yes

Listed by EXP REALTY
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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1 Rathgar ST

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