For saleMLS® X13055766
1 Rathgar Street
London, N5Z 1Y3
$339,900
- Bedrooms
- 4
- Bathrooms
- 2
- Interior
- 1,500-2,000 ft²
- Lot
- 29.42 × 91.33 ft
- Type
- Multi-unit
About this home
5 story duplex near London's core; featuring a separately metered very spacious split level two bed unit with basement and a main level one bed unit. 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 $1,795/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 income to help pay down the mortgage. Seller willign to negotiate to provide one or both of the units vacant for Closing. Roof replaced new in 2026. 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.
Property details
- Property type
- Duplex
- Ownership
- Freehold
- Style
- 1 1/2 Storey
- Age
- 100+ years
- Property taxes
- $2,733 (2025)
- Heating
- Forced Air, Gas
- Basement
- Unfinished, Walk-Up, Development Potential, Partial Basement
- Parking
- 2 spaces
- Sewer
- Sewer
- Lot
- 29.42 × 91.33 ft lot
- Time on market
- 187 days on market
Features
Inside
- On Demand Water Heater
- Separate Hydro Meter
- Carpet Free
- Primary Bedroom - Main Floor
Outside
- Lighting
- Porch
- Year Round Living
- Deck
- Vinyl Siding
- Asphalt Shingle roof
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $16,995.
Your monthly payment
$1,505
- Mortgage amount
- $271,920
- Interest over the amortization
- $179,581
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.








