187 Rathowen Street Sold 2 days ago

London, North N, N6H 2E9

$999,000$000000

Description

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

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.

2 fridges, stove, dishwasher, microwave, washer, dryer, hot water tank (owned).

Location

View Map
  • Address: 187 Rathowen Street
  • Neighborhood: North N
  • City: London
  • State: Ontario
  • Postal Code: N6H 2E9

Property Details

  • Property ID: X11937002
  • Property Price: $999,000
  • Style: Detached, 2-Storey
  • Rooms: 14
  • Bedrooms: 5
  • Bath: 6
  • Parking Spaces: 2
  • A/C: Central Air
  • Basement: Finished
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $7,031.87 (2024)
  • Lot: 104.5x42.49 (Feet)

Room details and dimensions

Statistics for similar Detached homes in North N

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in North N

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in North N

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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