Unknown for 1 Rathgar St, London East Ontario N5Z 1Y3
Re-listed 2 days ago

1 Rathgar St, London East, Ontario N5Z 1Y3

Townhouse
5
2
~1500-2000 sqft
$•••,•••
$349,000
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Townhouse
5
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market2 days

Total days on market
121 days

Estimated valueNot available

Price/Sqft$203/sqft

Monthly cost

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CMA Subject Property

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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) .


Property Details

Style1 1/2 Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size2,686 SqFt(91.33 x 29.42)
Parking Spaces2
MLS ®NumberX12301552
Community NameHamilton Road
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished, Part Bsmt

Main Floor

Kitchen

3.2 x 4.1


Features

Lot size: 2,686 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
2 days on market
history photo preview4
Listing by trreb®

Market Data - Hamilton Road

Geo Zone Map ThumbnailHamilton Road

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2024

0 day

2023

0 day

2022

14 days

New Listings

Past 30 days

2 listings

Compared to

2024

4 listings

2023

0 listing

2022

5 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$375,000

Compared to

2022

$445,000


Population and Demographics

Overview

Total population 16968
Average household income $90,561

Age (%)

0 to 19
20%
20 to 34
22%
35 to 49
20%
50 to 64
23%
65 and plus
17%

Household composition (%)

Single family
58%
Single person
35%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Portuguese
3%
Spanish
2%
Polish
1%
French
1%
Italian
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget