1 Rathgar Street
London East, ON
- 4 bed
- 2 bath
- approx. 1500-2000 sqft
- Detached
- 131 days on market
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.
Listing Details
- Taxes (2025)
- $4,375
- Listed
- April 28, 2026
Price History
Listing history
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Property
- Style
- 1 1/2 Storey
- Age
- 100+
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- On Demand Water Heater, Separate Hydro Meter, Carpet Free, Primary Bedroom - Main Floor
- Lot Size
- 29.42 x 91.33 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Little Simcoe St/ Little Grey St
- Zoning
- R2-2
- Parcel Number
- 083090035
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- Aberdeen Public School0.4 km
Public · Thames Valley DSB · 295 students
Grade 3 reading: 43% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Lester B Pearson School for the Arts0.7 km
Public · Thames Valley DSB · 280 students
Grade 6 math: 82% met the provincial standard
- St Mary School0.7 km
Catholic · London District Catholic School Board · 230 students
Grade 6 math: 85% met the provincial standard
Secondary
- B Davison Secondary School Secondary School0.7 km
Public · Thames Valley DSB
- H B Beal Secondary School0.9 km
Public · Thames Valley DSB · 1525 students
Grade 10 literacy: 79% met the provincial standard
- G A Wheable Secondary School1.3 km
Public · Thames Valley DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5Z
- Population
- 24,067
- Private dwellings
- 11,008
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in London East · last 12 months
- Median sold price
- $461,500
- Homes sold
- 1,321
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,321 recorded sales of residential freehold properties in London East over the last 12 months.
Rooms
4-piece on Main, 4-piece on Main
Second
- Bedroom 29' x 9'10"
- Bedroom 310'1" x 15'3"
Main
- Bathroom9'1" x 6'1"
- Bathroom6'1" x 6'5"
- Bedroom11'1" x 19'
- Bedroom 49'2" x 8'3"
- Dining Room10'4" x 7'7"
- Kitchen8'10" x 9'1"
- Kitchen10'2" x 13'3"
- Living Room10'4" x 6'7"
- Living Room10'3" x 16'5"
Basement
- Laundry11'9" x 30'9"
- Utility Room19'3" x 30'9"
Listed by
EXP REALTY
Walk Score
Walk
Transit
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Scores by Walk Score®
Location
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Mortgage Calculator
$73,999
Estimated Monthly Payment
$1,818
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,818/mo (20% down, 5.5%)
Taxes: $365/mo · Insurance: $92/mo
Estimates only. Consult a financial advisor.
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