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187 Rathowen Street London, Ontario N6H 2E9

5 Bedroom 6 Bathroom
Central Air Conditioning Forced Air

$999,000

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:40227)

Property Details

MLS® Number X11937002
Property Type Single Family
Community Name North N
AmenitiesNearBy Hospital, Park, Public Transit, Schools
ParkingSpaceTotal 2

Building

BathroomTotal 6
BedroomsAboveGround 5
BedroomsTotal 5
Appliances Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
BasementDevelopment Finished
BasementType N/a (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Laminate, Carpeted
FoundationType Unknown
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type House
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 104 Ft ,6 In
SizeFrontage 42 Ft ,5 In
SizeIrregular 42.49 X 104.5 Ft
SizeTotalText 42.49 X 104.5 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 3 3.35 m x 3.35 m
Second Level Bedroom 4 3.35 m x 3.35 m
Second Level Bedroom 5 3.35 m x 4.27 m
Basement Recreational, Games Room 2.9 m x 6.86 m
Main Level Kitchen 3.73 m x 3.73 m
Main Level Dining Room 3.53 m x 6.71 m
Main Level Living Room 3.53 m x 6.71 m
Main Level Bedroom 3.35 m x 3.35 m
Main Level Bedroom 2 3.35 m x 3.35 m

Utilities

Cable Available
Sewer Installed

https://www.realtor.ca/real-estate/27833910/187-rathowen-street-london-north-n

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Royal LePage Real Estate Services Ltd.
4025 Yonge Street Suite 103
Toronto, Ontario M2P 2E3

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