1 Rathgar Street, London ON

About 1 Rathgar Street

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 ($3200+/month for both units; more for ambitious Buyer that opts to add an additional unit). 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 entirely 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. (id:56071). Get more information on 1 Rathgar Street

Property Features

Rental Equipment:  Water Heater
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)
Zoning Description:  R2-2
Interior Size:  1505 sqft
Fence:  Fence
Community Features:  Industrial Park, Community Centre, School Bus
Access:  Road access, Highway access
Lot:  0.061 ac|under 1/2 acre 0.061
Exterior Finish:  Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / None
Age:  1909
Foundation: Block
Constructed Date:  1909
Basement:  Full (Unfinished) Unfinished

Rooms & Sizes