London North, ON N6H 2E9,187 Rathowen ST
London North, ON N6H 2E9,187 Rathowen ST
London North, ON N6H 2E9,187 Rathowen ST
London North, ON N6H 2E9,187 Rathowen ST
London North, ON N6H 2E9,187 Rathowen ST
London North, ON N6H 2E9,187 Rathowen ST
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$886,875

$999,000

11.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

6 Baths


SOLD DATE : 04/24/2025

Key Details

Sold Price $886,875

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision North N

MLS Listing ID X11937002

Sold Date 04/24/25

Style 2-Storey

Bedrooms 5

Annual Tax Amount $7,031

Tax Year 2024

Property Sub-Type Detached

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.

Location

Province ON

County Middlesex

Community North N

Area Middlesex

Rooms

Family Room No

Basement Finished

Kitchen 1

Interior

Interior Features Water Heater Owned

Cooling Central Air

Exterior

Parking Features Private Double

Pool None

Roof Type Unknown

Lot Frontage 42.49

Lot Depth 104.5

Total Parking Spaces 2

Building

Foundation Unknown

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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agent
Mila Sheina

Broker | License ID: 9582164

+1(416) 830-4822 | mila@milasheina.ca

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