187 Rathowen St

London | North N | N6H 2E9
  • 5
  • 6
  • 0

$999,000

Est. Mtg $3,387 /mo
  • Days on market

    87

  • Status

    Sc

Listing Broker ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Since listed: 1 views

Home details

MLS #:

X11937002

Property type:
Detached
Style:
2-Storey
Taxes:
$7,032
Possession:
TBD
Lot Front:
42.49   Feet
Lot Depth:
104.5   Feet
Basement:
Finished |
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


187 Rathowen St, , London, Ontario is a Detached property in London and in the North N community in the N6H 2E9 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
1993-04 2024-02 $124,900 $123,500 Sld X7660761
1998-08 2024-02 $119,900 $115,500 Sld X7641833
2022-04 2022-05 $849,900 $820,000 Sld X5591461
2023-11 2024-02 $1,075,000 $1,075,000 Ter X7319428
2025-01 2025-03 $999,000 $999,000 Sc X11937002

Comparables

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sold Date Address List Price sold Price DOM
2024-08 31 St Andrew St, $1,074,900 $999,000 28
2022-02 109 Wharncliffe Rd N, $599,900 $650,000 5
2022-02 31 Charles St, $650,000 $801,000 5
2021-03 391 Wharncliffe Rd N, $799,900 $827,000 7
2021-03 230 Wharncliffe Rd N, $475,900 $510,000 16
2020-12 444 Riverside Dr, $899,900 $887,000 29
2020-12 19 Forward Ave, $449,900 $449,900 5
2020-11 44 Argyle St, $539,900 $515,000 48
2020-09 364 Riverside Dr, $699,900 $675,000 14
2020-02 140 Woodward Ave, $525,000 $552,500 17
2019-07 47 Albion St, $450,000 $515,000 6
2019-06 248 Riverside Dr, $439,000 $436,000 33
2019-04 142 Britannia Ave, $359,900 $365,000 7
2019-01 34 Oxford St W, $399,900 $390,000 29
2017-03 111 Wharncliffe Rd N, $259,900 $270,000 7

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

London :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 187 Rathowen St

Based on available 3rd party data

$4108

Approximate costs per month

Mortgage
$3387 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$585 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Library
  • Park
  • Public Transit
  • School
Listing Broker ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Source: TRREB

Payment calculator

$3973 monthly. In association with: TD Bank
%
  • Principal and Interest
    3387 /mo
  • Property Taxes
    $585 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniela LaFace, Realtor

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