1 Rathgar Street, London East, ON N5Z 1Y3
East L, London East · Near Little Simcoe St/ Little Grey St · View map
About this home
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.
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 12
- Basement
- Unfinished, Walk-Up, Development Potential, Partial Basement
- Lot size
- 29.4 x 91.3 ft
- Faces
- West
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
- Parking features
- Private, Private Double
Taxes & other
- Property taxes
- $4,375/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible; Immediate Possible
- Cross street
- Little Simcoe St/ Little Grey St
- Neighbourhood
- East L
More
- Price per sq ft
- ~$211 (at 1,750 sq ft)
- Listed
- Apr 28, 2026 · 166 days ago
- MLS® number
- X13055838
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The home and its surroundings
- On Demand Water Heater
- Separate Hydro Meter
- Carpet Free
- Primary Bedroom - Main Floor
- Fenced Yard
- Public Transit
- School
- School Bus Route
- Place Of Worship
- Rec./Commun.Centre
- Lighting
- Porch
- Year Round Living
- Deck
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1 Rathgar Street, London East, ON N5Z 1Y3
East L, London East · Near Little Simcoe St/ Little Grey St
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Listing history for 1 Rathgar Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1 Rathgar Street
Answers come straight from this home’s MLS® listing.
How much is 1 Rathgar Street listed for, and what would it cost each month?
1 Rathgar Street is listed for $369,995. With 20% down ($73,999), the mortgage payment would be roughly $1,492 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,857 a month, all in. That figure is an illustration, not a quote.
Is 1 Rathgar Street freehold or a condo, and is there a monthly fee?
1 Rathgar Street is a 1 1/2 storey in East L, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1 Rathgar Street have?
1 Rathgar Street has 4 bedrooms and 2 bathrooms.
Does 1 Rathgar Street have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
Does 1 Rathgar Street have a finished basement?
The listing describes the basement as unfinished, walk-up, development potential, partial basement.
What style of home is 1 Rathgar Street?
1 Rathgar Street is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 1 Rathgar Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 29.4 x 91.3 ft.
How is 1 Rathgar Street heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 1 Rathgar Street?
Property taxes are $4,375 a year (2025), or about $365 a month.
Where is 1 Rathgar Street?
1 Rathgar Street is in the East L community of London East. The nearest main intersection is Little Simcoe St/ Little Grey St. The postal code is N5Z 1Y3.
How long has 1 Rathgar Street been on the market?
1 Rathgar Street was listed on April 28, 2026. It has been on the market for 166 days. It is an active listing (MLS® X13055838). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 1 Rathgar Street asking?
Similar bungalow-style homes for sale nearby right now include 1 Rathgar Street at $369,995 (4 bed), 16 Redan Street at $409,900 (4 bed) and 131 Sackville Street at $399,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1 Rathgar Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1 Rathgar Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near East L, picked by style, size and price.
1 1/2 storey$369,9951 Rathgar Street, London East4 bed · 2 bath · East LCourtesy of: EXP REALTYView home →
1 1/2 storey$409,90016 Redan Street, London East4 bed · 2 bath · East LCourtesy of: RE/MAX Tri-County Realty Inc BrokerageView home →
1 1/2 storey$399,900131 Sackville Street, London East3 bed · 2 bath · East LCourtesy of: KING REALTY INC.View home →Courtesy of: EXP REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.