1 RATHGAR STREET, London East (East L), Ontario, CA

Address: 1 RATHGAR STREET, London East (East L), Ontario

4 Beds2 Baths1500 sqftStatus: Buy
Price $349,900

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
1.5
Square Footage
1500 - 2000 sqft
Community Name
East L
Land Size
29.4 x 91.3 FT ; 91.33 ft x 28.69 ft x 91.26 ft x 29.46ft|under 1/2 acre
Parking Type
No Garage
Building
Bedrooms
Above Grade
4
Bathrooms
Total
4
Interior Features
Appliances Included
Water meter, Water Heater - Tankless
Basement Type
Full (Unfinished)
Building Features
Features
Flat site, Dry
Foundation Type
Block
Square Footage
1500 - 2000 sqft
Rental Equipment
Water Heater - Tankless, Water Heater - Gas, Water Heater
Building Amenities
Separate Electricity Meters
Structures
Shed
Heating & Cooling
Cooling
None
Heating Type
Forced air
Utilities
Utility Type
Cable(Available),Electricity(Installed),Sewer(Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Steel
Neighbourhood Features
Community Features
School Bus, Community Centre
Amenities Nearby
Public Transit, Schools, Hospital
Parking
Parking Type
No Garage
Total Parking Spaces
2
Land
Lot Features
Fencing
Fully Fenced
Other Property Information
Zoning Description
R2-2
Level Rooms Dimensions
Second level Bedroom 2 2.82 m x 2.82 m
Bedroom 3 5.08 m x 3.12 m
Basement Laundry room 3.12 m x 2.9 m
Laundry room 5.77 m x 5.41 m
Utility room 3.2 m x 4.42 m
Main level Living room 3.1 m x 3.73 m
Kitchen 2.64 m x 2.64 m
Bathroom 1.96 m x 1.96 m
Bedroom 2.52 m x 2.79 m
Living room 3.35 m x 5.61 m
Kitchen 3.1 m x 3.91 m
Bedroom 4.93 m x 3.1 m
Foyer 2.77 m x 1.6 m
Bathroom 2.77 m x 0.99 m
Office 2.18 m x 2.13 m
Upper Level Sitting room 1.83 m x 3.18 m

Features
           Flat site            Dry            No Garage
           Water meter            Water Heater - Tankless            None
           Separate Electricity Meters
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Your Home Finance Calculation

Property Price CA $349,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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