$369,995
Est. payment $1,638/moCalculate yours
1 Rathgar Street, London East, ON N5Z 1Y3
East, London, ON N5Z 1Y3
- 4 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of EXP REALTY MLS® X13055838
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. With felxible Closing and substantial deposit option exists to provide a unit vacant upon Closing. 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 inome to help pay down the mortgage. 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
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished, Walk-Up, Development Potential, Partial Basement
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 29.42 x 91.33 Feet
- Parking
- None garage · 2 total
- Zoning
- R2-2
Financial
- Property Taxes
- $4,375 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Little Simcoe St/ Little Grey St
- Direction Faces
- West
Listing
- MLS® Number
- X13055838
- Days on Market
- 173
- Listed On
- 2026-04-28
- Possession
- Flexible; Immediate Possible
- Listed By
- EXP REALTY
Rooms
Features
Interior
- On Demand Water Heater
- Separate Hydro Meter
- Carpet Free
- Primary Bedroom - Main Floor
Property
- Fenced Yard
- Public Transit
- School
- School Bus Route
- Place Of Worship
- Rec./Commun.Centre
Pool
- None
Mortgage calculator
Estimated mortgage payment
$1,638 per month
- Principal and interest
- $1,638
- Property tax
- $365
- Condo fees
- $0
- Estimated monthly cost
- $2,003
Your mortgage
- Mortgage amount
- $295,996
- Mortgage insurance
- Not needed
- Interest over 25 years
- $195,481
Cash to close
- Down payment
- $73,999
- Land transfer tax
- $4,025
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $78,024
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.