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1 Rathgar Street, London, ON, N5Z 1Y3

MLS® # 40786920
Investment For Sale In Hamilton Road, London, Ontario
$349,900
1 Rathgar Street, London, ON - Outdoor With Facade
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor With Exterior
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor
1 Rathgar Street, London, ON - Indoor
1 Rathgar Street, London, ON - Indoor
1 Rathgar Street, London, ON - Indoor Photo Showing Bathroom
1 Rathgar Street, London, ON - Indoor Photo Showing Bathroom
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Outdoor With Exterior
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Kitchen
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Bathroom
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON -
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Other
1 Rathgar Street, London, ON - Other
1 Rathgar Street, London, ON - Other
1 Rathgar Street, London, ON - Other
Virtual Tour
1 Rathgar Street, London, ON - Outdoor With Facade
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Outdoor With Exterior
1 Rathgar Street, London, ON - Outdoor
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor
1 Rathgar Street, London, ON - Indoor
1 Rathgar Street, London, ON - Indoor
1 Rathgar Street, London, ON - Indoor Photo Showing Bathroom
1 Rathgar Street, London, ON - Indoor Photo Showing Bathroom
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Outdoor With Exterior
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Kitchen
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Bathroom
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Other Room
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON -
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Indoor Photo Showing Basement
1 Rathgar Street, London, ON - Other
1 Rathgar Street, London, ON - Other
1 Rathgar Street, London, ON - Other
1 Rathgar Street, London, ON - Other
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1 Rathgar Street, London, ON, N5Z 1Y3
$349,900

Property Information:

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, it's calling the right buyer with high rent potential ($3,400+/month for both units [$2,000 for Unit 1B - split level three bedroom unit with unfinished basement and $1,400 for Unit 1A - main level one bedroom unit; each with their own parking space]; even more for a 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 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, couple or family looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Clear height of the basement throughout the majority of basement is around 6'5"; making it viable for additional finished space or possibly a future third unit incorporating part of the main level. With the addition of a third unit rent potential could be truly maximized (with $4,300+/month [$1,700/month for modified Unit 1B - split level two bedroom unit , $1400/month for Unit 1A - main level one bedroom unit; and $1,200/month for newly added "Unit 1C" main and lower level studio unit, each with their own parking space]). Consideration for adding additional unit(s) will be at the discretion of the Buyer and entirely up to their due diligence. Property is being sold "as is/ where is" without any warranties from the Seller. Property is now being offered with vacant possession. Kitchen appliances to be added. 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.

Inclusions: None,2 Fridges, 2 Stoves, 2 Washers

Exclusions : None

Building Features:

  • Floor Space: 1505 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Walk-Up Access, Full, Unfinished
  • Built in: 1909
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Front Yard Parking, Outside/Surface/Open, Private Drive Double Wide
  • Exterior Features: Private Entrance, Separate Hydro Meters, Year Round Living
  • Fencing: Full
  • Floor Space (approx): 1505 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Separate Hydro Meters, Other
  • Laundry Features: In-Suite
  • Lot Depth: 91.33 Feet
  • Lot Features: Rectangular, Business Centre, City Lot, Highway Access, Hospital, Industrial Park, Library, Major Anchor, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Other
  • Lot Frontage: 29.42 Feet
  • Other Structures: Shed(s)
  • Road Frontage Type: Municipal Road, Public Road, Year Round Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R2-2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Courtesy of: EXP REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

All Properties

0.38%

Price change (1 year)

39.88%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1 Rathgar Street, London, ON, N5Z 1Y3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 1 Rathgar Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1 Rathgar Street , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1 Rathgar Street, London, ON, N5Z 1Y3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,516.63

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.89 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

6.57 %

College/non-university certificate

18.88 %

University certificate (below bachelor)

0.57 %

University Degree

6.99 %

Commuter

Travel To Work

By Car

77.74 %

By Public Transit

13.06 %

By Walking

5.56 %

By Bicycle

0.0 %

By Other Methods

3.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.74 %

Houses

66.26 %

Own Vs. Rent

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