187 RATHOWEN STREET Active Save Request In-Person Tour Request Virtual Tour
London,ON N6H2E9
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision North N
MLS Listing ID X11937002
Bedrooms 5
Half Baths 1
Originating Board Toronto Regional Real Estate Board
Property Sub-Type Freehold
Property Description
Don't miss this rare chance to own a purpose-built luxury student rental in one of Ontario's fastest-growing university towns. Recently renovated with a spacious two-storey addition, this fully licensed and city-permitted property is ideally located near transit, including a quick one-bus route to Western University, downtown, shopping and more. Featuring five generously sized bedrooms, each with its own private bathroom, plus a powder room on the main floor, this property is consistently in high demand among students. The open-concept layout includes two common areas and a modern kitchen with stainless steel appliances, creating a functional and stylish living space. With a flawless five-year track record of 100 percent occupancy due to its prime location and premium features, this property offers a strong 5 percent cap rate, combining stability, growth potential and unmatched desirability in the London market. (id:24570)
Location
Province ON
Rooms
Kitchen 1.0
Extra Room 1 Second level 3.35 m X 3.35 m Bedroom 3
Extra Room 2 Second level 3.35 m X 3.35 m Bedroom 4
Extra Room 3 Second level 3.35 m X 4.27 m Bedroom 5
Extra Room 4 Basement 2.9 m X 6.86 m Recreational, Games room
Extra Room 5 Main level 3.73 m X 3.73 m Kitchen
Extra Room 6 Main level 3.53 m X 6.71 m Dining room
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Laminate,Carpeted
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold