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 for investors and owners looking for a mortgage helper opportunity. This property is calling the right buyer for occupy the vacant one bed Unit 1A with income support from the rented three bed Unit 1B (as and income property with rent potential of $3,000+/month for both units [$1,750 for currently rented Unit 1B - split level three bedroom unit with unfinished basement and $1,250 for currently vacant Unit 1A - main level one bedroom unit; each with their own parking space] ). 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 or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property is being sold "as is/ where is" without any warranties from the Seller. Property is now being offered with vacant possession.Property includes kitchen appliances and laundry sets 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.
Property Type:
Residential Income
Property SubType:
Duplex Side/Side
Year built:
1909
(Age: 117)
Listing General Location:
East L, East
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
2,657 sq. ft.247 m2
Lot Details:
29.42 x 91.33
Lot Depth:
91'4"27.8 m
Lot Frontage:
29'5"8.97 m
Frontage Type:
West
Lot Shape:
91.33 ft x 28.69 ft x 91.26 ft x 29.46 ft
Kitchens:
0
Elementary School:
Aberdeen Public School; St. Bernadette Catholic Elementary School
Private Entrance, Separate Hydro Meters, Year Round Living
false
No
From Adelaide St N take Little Simcoe St going Eastbound; Take Rathgar St going Southbound; Property at end of Rathgar St on West side (corner lot at Rathgar St & Little Grey St)
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
Features:
Crops Included: No, Garage: No, Inspection ESA: No, Inspection Fire: No, New Construction: No
# Of Total Parking Spaces:
2.0
# Of Open Parking Spaces:
2.0
Driveway Parking:
Front Yard Parking, Outside/Surface/Open, Private Drive Double Wide