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For saleMLS® X13055838

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
Detached

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
Detached
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

Rooms

Measurements are deemed reliable but not guaranteed.

BathroomMain9' 1" × 6' 1"4 Pc Bath
BedroomMain11' 1" × 19'
KitchenMain10' 2" × 13' 3"
Living RoomMain10' 3" × 16' 5"
Bedroom 2Second9' × 9' 10"
Bedroom 3Second10' 1" × 15' 3"
Utility RoomBasement19' 3" × 30' 9"
LaundryBasement11' 9" × 30' 9"
BathroomMain6' 1" × 6' 5"4 Pc Bath
Bedroom 4Main9' 2" × 8' 3"
Dining RoomMain10' 4" × 7' 7"
Living RoomMain10' 4" × 6' 7"
KitchenMain8' 10" × 9' 1"

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.

Listing brokerage: EXP REALTY.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13055838.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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