ON
London East (East L)
N5Z1Y3
1 Rathgar Street
1 Rathgar Street, London East (East L), ON N5Z1Y3
Share Listing
Listing Type
Multi Family
Listing Status
active
4
$349,000

Home Details for 1 Rathgar Street

Price
$349,000
Type
Residential Income
Bedrooms
5
Bathrooms
2.0
Square feet
NaN
Parking
Days on site
61
Listing #
X12301552
Property Description

1 Rathgar Street is now being offered with fully vacant possession guarenteed upon Closing! This legal side by side duplex near London's core features a three bed and two bed unit. Oppurtunity knocks, its calling the right buyer to add ample upside through a full renovation of the interior with high rent potential. This would make for a suitable purchase for a seasoned investor, ambitious first time investor or skilled tradesperson as securing this property comes with plenty of value add possible. This handyman special property is a majority of above ground square footage on ground level and a lofted upper level in both units. Both units feature seperate entrances and one unit also has backyard access. For those open to the consideration that this property needs ample renovation of the full interior(and possible exterior work); the oppurtunity could exist as a 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. 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. Because of the nature of this sale and the property being in need of a lot of loving attention to bring forward its best and since the current owner has never resided in the subject property, it is being sold in "as is/ where is" condition where the property will not be sold with any warrenties. The interior of the property will be moderately remidiated by the Seller prior to closing. Preference will be given to offers with a quicker closing (closings must be on or past August 7th,2025) . (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
Listing Courtesy: EXP REALTY
Canadian Real Estate Association logoThe 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 and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY COMMUNITY, BROKERAGE
100A-22499 Jefferies Road, Komoka, ON N0L 1R0
Office
519 542 1000
Request more details
Code: