1 Rathgar Street, London East, ON N5Z 1Y3
- Property tax
- $4,375 / year
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.
- MLS number
- X13055766
- Type
- Duplex
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 2
- Postal code
- N5Z 1Y3
- Photos
- 49
- Laundry
- Main Level level
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Duplex
- Style
- 1 1/2 Storey
- Class
- Residential Freehold
- Age
- 100+
- Fronting on
- West
- Community
- East L
- Municipality
- London East
- Cross street
- Little Simcoe St/ Little Grey St
- Zoning
- R2-2
Inside
- Bedrooms
- 4
- Bedrooms above grade
- 4
- Bathrooms
- 2
- Washrooms
- 1 on the main floor · 1 on the main floor
- Kitchens
- 2
- Rooms above grade
- 12
- Family room
- Yes
- Basement
- Unfinished, Walk-Up, Development Potential, Partial Basement
- Laundry
- Main Level
- Size
- 1500-2000
Building
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Other structures
- Fence - Full, Shed
Parking
- Covered spaces
- 0
- Driveway spaces
- 2
- Total parking
- 2
- Features
- Private, Private Double
Land
- Lot
- 29.42 × 91.33 feet
- Shape
- Rectangular
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- None
- Water
- Municipal
- Sewer
- Sewer
- Electricity
- Yes
- Gas
- Yes
- Cable
- Available
Features
- Property
- Fenced Yard, Public Transit, School, School Bus Route, Place Of Worship, Rec./Commun.Centre
- Interior
- On Demand Water Heater, Separate Hydro Meter, Carpet Free, Primary Bedroom - Main Floor
- Exterior
- Lighting, Porch, Year Round Living, Deck
Listing
- MLS number
- X13055766
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-04-28
- Expires
- 2027-04-30
- Taxes
- $4,375 (2025)
- Board
- London and St. Thomas Association of REALTORS
Listing history
This address has been listed 5 times.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Aberdeen Public School Thames Valley DSB | Elementary | 430 m | / 10 50% met the standard |
| St Mary School London District Catholic School Board | Elementary | 665 m | / 10 93% met the standard · 3 of 6 measures |
| B Davison Secondary School Secondary School Thames Valley DSB | Secondary | 682 m | Not reported |
| Lester B Pearson School for the Arts Thames Valley DSB | Elementary | 739 m | / 10 93% met the standard · 3 of 6 measures |
| St. John French Immersion School London District Catholic School Board | Elementary | 845 m | / 10 86% met the standard |
| H B Beal Secondary School Thames Valley DSB | Secondary | 951 m | / 10 68% met the standard · 2 of 6 measures |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 575 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35390115 — the few blocks around this address, home to 575 people. It describes the area, not this property.
Percentages are of the 290 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.