$349,900

Duplex

1 Rathgar Street, London East, ON

84 DAYS

1500-2000

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Listed by EXP REALTY

·Virtual Tour

Listed by EXP REALTY

Property Highlights

Parking

2 spaces

Property Tax

$2,733/yr

Age

100+ yrs

Lot Size

< .50 ac

Style

1 1/2 Storey

Basement

Unfinished, Full

Monthly Cost

$1,705/mo

About This Home

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. Opportunity knocks for investors and owners looking for a mortgage helper opportunity. This property is calling the right buyer for occupy the vacant one bed Unit 1A with income support from the rented three bed Unit 1B (as and income property with rent potential of $3,000+/month for both units [$1,750 for currently rented Unit 1B - split level three bedroom unit with unfinished basement and $1,250 for currently vacant Unit 1A - main level one bedroom unit; each with their own parking space] ). 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. Both units feature seperate entrances and one unit 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 is being sold "as is/ where is" without any warranties from the Seller. Property is now being offered with vacant possession.Property includes kitchen appliances and laundry sets 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.

Monthly Cost

Monthly Mortgage$1,478

Property Tax ($2,733/yr)$228

Total$1,706

Price & Listing History

Schools

Location

Tap to view full map

Rooms

mft

Main Level

Bathroom: 1.96m × 1.96m

Living Room: 3.35m × 5.61m

Bedroom: 2.52m × 2.79m

Office: 2.18m × 2.13m

Kitchen: 2.64m × 2.64m

Foyer: 2.77m × 1.60m

Bedroom: 4.93m × 3.10m

Kitchen: 3.10m × 3.91m

Living Room: 3.10m × 3.73m

Bathroom: 2.77m × 0.99m

Second Level

Bedroom 3: 5.08m × 3.12m

Bedroom 2: 2.82m × 2.82m

Upper Level

Sitting: 1.83m × 3.18m

Basement Level

Laundry: 3.12m × 2.90m

Laundry: 5.77m × 5.41m

Utility Room: 3.20m × 4.42m